DEVELOPMENT IN MIDDLE EAST
DEMOCRATIC REFORMS IN MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Coal
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Diamonds
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Water
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Oil
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Detailed explanation-1: -Oil sales have created immense wealth and boosted the economy in countries such as Saudi Arabia, Iran, Iraq, and Kuwait. Millions of people in these and other parts of the Middle East have homes, jobs and education as a direct result of oil.
Detailed explanation-2: -Today, abundant petroleum fields dominate the area’s economy. The Middle East is similarly disproportionately rich in natural gas (32 percent of the world’s known natural gas reserves are in the region) and phosphate (Morocco alone has more than half of the world’s reserves).
Detailed explanation-3: -Oil and natural gas are the twin engines that power the Middle East’s economy. The region is home to 53 percent of the world’s proven oil reserves and nearly half of all known natural gas reserves.
Detailed explanation-4: -Many countries of the Middle East depend on oil as their primary source of income.
Detailed explanation-5: -Tectonic activity – With tectonic activity over millions of years, the Tethys Ocean receded and Middle East was converted into dry, sandy desert. This exposed the topmost layers underneath which vast amounts of oil and natural gas deposits are present.