HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Oil
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Silver
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Coal
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None of the above
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Detailed explanation-1: -With the discovery of the first oil in the middle east, Anglo-Persian Oil Company (APOC, later British Petroleum) started their business.
Detailed explanation-2: -Key Points. In March of 1908, after years of difficult conditions and failure, geologist George Bernard Reynolds discovered oil in Persia (modern-day Iran).
Detailed explanation-3: -Algae, bacteria, and whatever else nature came up with eventually accumulated on the ocean floor in thick layers that grew to be miles deep. As more layers formed on top of these over time, the lower parts were compressed. Those compressed aquatic corpses transformed into oil.
Detailed explanation-4: -The growing demand for oil meant many Middle Eastern countries could now pay for a more effective infrastructure. Hundreds of engineering projects in the 1950s and 1960s transformed the lives of entire populations as a result.