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Why have countries on the Arabian peninsula invested large sums of money to devlop industries other than the oil industry?
Wiki User
∙ 11y ago
The countries realize that one day they will run out of oil.
Wiki User
∙ 11y ago
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Why have the countries on the Arabian Peninsula invested large sums of money to develop industries other than the oil industry?
The countries realize that one day they will run out of oil.
Why have countries on the Arabian peninsula invested large sums of money to develop industries other than the oil industry?
The countries realize that one day they will run out of oil.
What countries have diversified?
Some examples of countries that have successfully diversified their economies include Singapore, United Arab Emirates, and South Korea. These countries have invested in various industries beyond their traditional sectors, such as technology, finance, and tourism, to reduce their dependence on a single industry or commodity.
Difference between large scale industries medium scale industries and small scale industries?
The difference between large scale industries, medium scale industries and small scale industries is found in three areas. It depends on the number of employees each industry employs, the amount of capital that was invested and the availability of the company's assets.
What businesses did Rhodes establish?
He invested in the gold and diamond industries.
What are specialized funds invested in certain industries?
Specialized funds that are invested in certain industries are mutual funds that focus on securities a specific sector of the economy or sector. They are a higher risk but can have higher rewards.
Money invested in factories and industry is called?
Capital
How much money should be invested in a medium scale industry?
Depends entirely on the industry, its growth and market potential.
What countries has Stanley Ho invested?
There are many countries in which Stanley Ho has an invested interest in. The biggest interest that the Stanley Ho company has an interest in would be in Macau in China.
How can japan and south Korea have developed countries if they have few mineral resources?
These countries built heavy industrial plants specifically because they lacked natural resources. The lack of natural resources forced these countries to find an effective way to make money. Hi-Tech Industries and Heavy Industries allowed these countries to add value to imported raw materials and generate local wealth. This local wealth was then invested in building up the national infrastructure, effectively turning South Korea and Japan into developed countries.
How large scale industries differ from small scale industries?
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactured in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more.
Why didnt the south develop industry before the civil war?
Southerners were plantation farmers, so they didn't invest in the industry. Instead, they invested in slaves.
