Respuesta :
The given statement is false.
Why the given statement is false?
Yes, large endowment/availability of resources is good and important for the country but measuring a country's productivity is a completely different process. Having the ability to utilize these resources and having ample resources is one thing and actually working and being efficient is one thing.
How is a country's productivity measured?
GDP and Gross Domestic Product is the major way of measuring countries' productivity.
The total monetary or market worth of all the completed products and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation since it is a wide indicator of total domestic production.
Even while GDP is frequently estimated on a yearly basis, it may also be calculated quarterly. For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Each data set in this report is provided in real terms, which means that it has been adjusted for price changes and is thus net of inflation.
Yes, the endowment of natural resources is a determinant of GDP but is not directly looked at to calculate or measure the Productivity of a country.
For more information about GDP, refer to the given link:
https://brainly.com/question/1383956
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