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What natural resource has supported most of the middle east econmic development?

Oil and petroleum products.


What is the major economic resource found in Middle East?

Oil


Middle colonies economic development?

Plantation


What was the most important economic resource during the Middle Ages?

oil


How has oil wealth affected economic development in the Middle East?

More money to the rich


How did the geography of the Virginia and Middle Colonies contribute to their economic development?

This is so difficult! I hate this!


What natural resource played a significant part in the economic development of the Persian Gulf countries?

Oil is the main reason for western intrusion and setting up state and country in middle east from the start. Middle east country used to be more or less a tribal gather but was set to state and country by the coming of western oil company. By setting up the state and country, it come the trading for oil and goods and thus the system of economic development.


What is the richest resource in the middle east?

Oil is the richest resource in the middle east.


What does MIC mean in geography?

MIC stands for "Middle-Income Country" in geography. This term is used to categorize countries based on their level of economic development, with middle-income countries falling between low-income and high-income countries. These countries typically have moderate levels of economic development and income levels.


What resource is in the middle?

oil


How does the unequal distribution and development of resources affect the people of Middle East?

The unequal distribution and development of resources in the Middle East leads to significant disparities in wealth and opportunities, contributing to social unrest and conflict. Regions rich in oil, for example, often see economic growth but may also face issues like corruption and authoritarian governance, while resource-poor areas struggle with poverty and limited access to essential services. This imbalance exacerbates tensions between different groups and can fuel regional conflicts, as marginalized populations seek greater equity and representation. Ultimately, the unequal resource distribution hampers overall development and stability in the region.


What kind of minerals were found in the middle colonies?

The middle colonies, particularly Pennsylvania and New Jersey, were rich in various minerals. Key minerals included limestone, which was essential for agriculture and construction, as well as iron ore, which supported the growing iron industry in the region. Additionally, there were deposits of coal and other minerals like copper and lead, contributing to the economic development of the area. Overall, the mineral resources played a significant role in the industrial growth of the middle colonies.