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Q: What country is economy dominated by petroleum and has the largest oil reserve in the western hemisphere?
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Economy dominated by petroleum has the largest oil reserves in the Western Hemisphere?

Venezuela has the largest oil reserves in the Western Hemisphere and its economy is heavily reliant on petroleum exports. However, political and economic challenges have hindered the country's ability to fully leverage its oil wealth for development.


Match the country in column 1 with its short description in column 2?

Panama- plays a crucial role in world trade and has become a regional financial center; Uruguay- about 90% of the population is of white European ancestry; Venezuela- economy dominated by petroleum, has the largest oil reserves in the Western Hemisphere; Brazil- largest most populated country in South America, natives speak Portuguese


The average Third World country is most likely to have an economy dominated by?

agriculture


How did Trinidad benefits from petroleum?

Trinidad's economy benefited from a growing trade surplus, improved infrastructure and other utilities from the country's petroleum.


What was one reason the United states dominated the world economy?

What was one reason the United states dominated the world economy


What is their economy like in Saudi Arabia?

the economy of saudi arabia is very nice, because this country are rich in many establishment, their country can provide the good quality of many products exactly the petroleum business.


What economy dominated the north?

The Factories


Who dominated the southern agrarian economy?

The southern agrarian economy was dominated by wealthy landowners. An agrarian economy primarily relies on farming. The majority of these economies went away during the industrial revolution.


What crop dominated southern economy and culture?

Cotton


The commercial economy of New England was dominated by?

Merchants


The growing importance of cotton to the south created an economy and a society dominated by?

it was dominated by large land owners


Iraq's economy is based on?

Iraq's economy is based on The export and sale of petroleum products.