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Population:29,137,000

GNI per capita:$ 745

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Causes: While Nepal is rich in natural resources and water resources, the country has not been able to utilize it in order to create and sell its resources to other countries.

Consequence: This is another leading reason that makes Nepal a poor country.

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Nepal is a mountainous landlocked country in the Himalayas between Tibet (China) and India. Therefore, it is difficult for Nepal to have easy-avaliable national trades.

Spoken languages are Nepali (official) and 122 other Nepalese languages.

Nepal is prone to devastated by massive earthquakes and floods. These caused innumberable costs when rehabiliate the cities.

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Lack of Industry

Consequences:Nepal has larger size in the primary sector, while smaller in secondary and tertiary sector.

Causes:Local products are used on a lesser level, and the initial investment required to start up an industry is lacking in the country. The industry sector also lacks back in comparison to other countries because of corruption.

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Consequences:Following the end of a decade-long insurgency era, which killed a huge number of people, Nepal slowly started gaining momentum.

After this, monarchy came to an end thus bringing, even more, turmoil into the life of Nepalese citizens. As of now, Nepal has become a federal republic, and one can only hope that the condition of the country becomes stable enough.

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1/4 Population Falls Below The Poverty Line

Consequences:

-Almost 25 percent of the population of Nepal falls under the (absolute or relative?)poverty line

-an increase in wealth gap

with the negligible amount of salary to meet their basic needs.

Causes: Poverty induces overpopulation, illiteracy and thus continues the cycle of poverty.

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Consequences:Lack of Trust to Invest in Nepal

Causes:With the lack of talented human resources and with instability posing problems in the economy of Nepal, there is a lack of trust to invest in Nepal.

Consequence:Brain drain.

Facts:Labor is found in easy in Nepal.

However, people do not have the trust to invest in this country and make it a location to carry out business endeavors in.

If provided with a safe and secure environment, foreign investment would also be a source of income for the country.