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It caused it economic gap between the rich and the poor I think.
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∙ 11y ago
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Which region has an economy that is most Dependant on the export of oil?
The Middle East and Southwest Asia's economy depend on the export of oil. Several countries in Africa have a dependence on imported oil.
Who controls the price of oil in the middle east?
Opec
Americas dependency on which of these products has a significant negative effect on the economy today?
oil
Major source of income for middle east countries?
oil
Which region do oil exports serve as the primary economic activity?
middle east
Where does the US get much of it oil from?
the Middle East
Why is the middle east said to have a comparative advantage in producing oil?
Middle East nations can produce oil less expensivelyNova Net Answer: Middle east nations can produce oil less expensively.
Why was the middle east said have a comparative advantage in producing oil?
Middle East nations can produce oil less expensivelyNova Net Answer: Middle east nations can produce oil less expensively.
In which region are most of the world's oil reserves concentrated?
The Middle East
Where does the United states get much of its oil from?
Middle East
Do they buy the oil from middle east?
Many countries by oil from the middle east. (70% of all countries) :)
What country in the middle east is the leading producer of oil?
Saudi Arabia is the leading producer of oil in the Middle east.
What is the Middle East nation that you get oil from?
Nations around the Persian Gulf are the big producers of oil in the Middle East.
What union was developed to control the production of oil in the middle east?
middle east
What is the richest resource in the middle east?
Oil is the richest resource in the middle east.
What is the major industry in the Middle East?
Oil and Gas is the top industry in the Middle East.
Which natural resources is abundant in the middle east which one is scare?
Oil is abundant in the middle east Water is scarce in the middle east
