What is "the paradox of plenty? " a. the discovery of oil ensures financial stability for the entire nation. b. the discovery of oil resources does not positively impact the entire country, and in fact eliminates productive activity. c. the discovery of oil resources alleviate poverty and creates jobs. d. the discovery of oil resources developing countries achieve more freedom and democracy.

The correct answer is B. The Paradox of Plenty (also known as the Resource Curse) refers to how the discovery an abundance of natural resources (such as oils, fossil fuels and minerals), does not necessarily mean that the nation in question will have a major economic growth, in fact, it usually results in less democracy, and worse development outcomes than countries with fewer natural resources. This impacts the country very negatively and reduces productive activity drastically.

answer; the trial de novo