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The discovery of oil affected the economies of the Middle East greatly. Since the world needs so much oil to function as it currently does, the Middle East found itself with a very important and very necessary commodity.

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Which discovery greatly affected the economics of many Middle Eastern countries?

The discovery of oil affected the economies of the Middle East greatly. Since the world needs so much oil to function as it currently does, the Middle East found itself with a very important and very necessary commodity.


What was the common in eastern bloc nations?

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What country has been a major influence in the development and economies of most Eastern European countries?

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What factors have made it difficult to build healthy economies in the Eastern Mediterranean countries?

Refugees and Civil Wars have made it difficult to build healthy economies in the Eastern Mediterranean countries because refugees cannot find work to support themselves and find homes, food, etc. Civil wars are also a problem for the economy of the Eastern Mediterranean countries because they are depleting valuable resources that could be sold as profit such as oil, the principal resource in the Arabian Peninsula.


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Why is oil important to middle eastern countries?

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