HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The have a higher standard of living that nations without oil
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They have higher unemployment levels than nations without oil
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They offer citizens fewer social services than nations without oil
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They offer citizens more political freedom thatn nations without oil
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Detailed explanation-1: -While some countries in Southwest Asia have grown very rich due to their oil production others have struggled to help their populations make a decent living. The Southwest Asian countries with the greatest reserves of natural gas and oil are Saudi Arabia, Iraq, Iran, and Kuwait.
Detailed explanation-2: -Bahrain leads Southwest Asia in terms of living well even though it does not have the most oil or highest per capita GDP, it does use its wealth to educate its population boys and girls attend school.
Detailed explanation-3: -Oil is used for transportation, power plants, and even as a raw material for plastics, medicines, and other goods. Oil truly makes the world go around-which is why some countries in South-west Asia have grown rich meeting the world’s ever-growing demand.
Detailed explanation-4: -Oil has an amazing affect on Southwest Asia because without oil Southwest Asia would be living in poverty. Since there is so much oil people in Southwest Asia have to lower the amount of oil they sell or else bidding would get out of hand.
Detailed explanation-5: -Oil is very important to an economy in Southwest Asia, because the land is arid and it is difficult to farm crops. OPEC, the Organization of Petroleum Exporting Countries is a large group of countries unified for the purpose of controlling the prices and production of oil in Southwest Asia.