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Economics
Dutch Disease
When a country gets rich quick from one natural resource like oil, but other industries like manufacturing get crushed because everything becomes too expensive.
The resource boom makes the currency stronger, wages higher, and imports cheaper, so local factories and farms lose business. The country gets rich but loses diversity in its economy.It's like winning the lottery and suddenly your regular job feels pointless because everything costs way more and you stop trying.
Real world: The Netherlands in the 1960s found huge natural gas and their currency got so strong that factories couldn't compete anymore — that's where the name comes from.
💡 Dutch disease shows that a sudden resource boom isn't always pure good news — it can quietly kill other parts of the economy if you're not careful.