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What sector of the US economy consumes most of the nations petroleum?
Wiki User
∙ 12y ago
industrial
Wiki User
∙ 12y ago
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Are Most Americans employed in the primary sector of the economy?
Nope.
Why is it necessary to distill petroleum?
Oil is the world economy's most important source of energy and is, therefore, critical to economic growth. Its value is driven by demand for petroleum products, particularly in the transportation sector. Petroleum products power virtually all motor vehicles, aircraft, marine vessels, and trains around the globe. In total, products derived from oil, such as motor gasoline, jet fuel, diesel fuel, and heating oil, supply nearly 40 percent of the energy consumed by households, businesses, and manufacturers worldwide.
What became the fastest-growing industry in the US during the 1950?
The television industry.
What country is located at 0 degrees latitude and 115 degrees east longitude?
These coordinates are in the center of the island of Borneo, which is divided into three nations; Malaysia, Brunei, and Indonesia. These coordinates are in the Indonesian sector.
What is Egypt's economy strained by?
Egypt's economy is strained by various factors, including high unemployment rates, inflation, high public debt, and a large informal sector. Additionally, the country relies heavily on tourism and remittances, which have both been negatively impacted by the COVID-19 pandemic. These challenges have placed significant pressure on Egypt's economy.
What sector of the us economy consumes most of the nation's petroleum?
industry
Which sector of the economy consumes the most energy?
hot
What is a economy sector that uses most petroleum?
a productivity factory <><><> Transportation
What are the two sectors model economy?
The two sector model consists of the: Household Sector: The household sector includes everyone in an economy who consumes goods and services. Business Sector: The business sector contains the private, profit-seeking firms in the economy that combine scarce resources into the production of wants-and-needs satisfying goods and services.
Secondary sector the economy relates to?
Secondary sector the economy relates to?
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
What is the relevance of the private sector in an economy?
The relevance of the private sector in the economy is to supplement the government. The private sector helps grow the economy by creating job opportunities in a given economy.
How does the four sector model operate and help economic growth?
The four sector economic model is a measure of household, business, government and foriegn sectors.æ The purpose of the four sector model is to include global trade in the calculations of a nations economy.
What is the opposite of real sector in an economy?
Nominal Sector or Monetary Sector
What national companies are in the primary sector?
BP petroleum
What are the positive and negative contributions of the petroleum sector to the nigeria economy?
Source of government revenue:petroluem has contributed greatly to the major source of revenue available to the governmen
What job belongs to the tertiary sector of the American economy?
The tertiary sector of the economy of the United States is the service sector. The jobs include the hospitality industry and all the related fields.
