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The discovery of oil has significantly transformed the economies of many countries, particularly in the Middle East and parts of Africa and South America. It often leads to increased foreign investment, job creation, and infrastructure development, boosting overall economic growth. However, it can also result in economic volatility, dependency on oil revenues, and challenges such as corruption and environmental degradation. Additionally, countries may face the "resource curse," where wealth from oil does not translate into broader economic benefits for the population.
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How did totalitarianism affect Germany Italy and Japan?
It allowed the leadership of affected countries to take aggressive actions against other countries without the input from the people of those affected countries. And because the countries with totalitarian regimes were run from the top down, the people in those countries could not object to the leadership's actions.
What were the disadvantages of an economy based on one or two cash crops?
The disadvantages of an economy based on one or two cash crops is that if those crops fail, the economy fails. Most countries and areas have quite a few crops they grow which leads to a more stable economy.
Are people are still affected by the holocaust?
those who were a part of it will never cease to be affected by it.
What are the five components of the materials economy?
Extraction, Production, Distribution, Consumption, and Disposal. Those are the five components of the materials economy.
What are facts about German speaking countries?
Soccer's a popular sport in those countries
How did totalitarianism affect Germany Italy and Japan?
It allowed the leadership of affected countries to take aggressive actions against other countries without the input from the people of those affected countries. And because the countries with totalitarian regimes were run from the top down, the people in those countries could not object to the leadership's actions.
Why are some countries more entrepreneurial than others?
Those countries that are more have better resources and an open economy.
How has the US trade of 2002 affected developing economies?
The U.S. trade of 2002 affected developing countries by providing better opportunities and higher living standards in those countries.
What are some examples of the interconnectedness and interdependence of countries and global businesses?
Many countries depend on China for its electrical equipment exports etc. which means when there is a natural disaster or something happens in their economy those countries depending on it will be affected.
What are the main industries in the economy?
Different countries have different resources, the economy depends on those. It may be manufacturing, minerals, services etc., or a combination
In what countries were people affected by Hitler's rath and how many people died in those counrties?
cause i am cool
How has the discovery of oil in southwest Asia affect the economic development of the area?
The countries with oil reserves are much richer than those countries that have not found oil in their territory.
Why is the UN partly communist?
It's not. Communism is a type of an economy. The UN does not have a government or an economy. It is a body where representatives of nations meet. Some of those countries are communist (fewer an fewer).
What were the disadvantages of an economy based on one or two cash crops?
The disadvantages of an economy based on one or two cash crops is that if those crops fail, the economy fails. Most countries and areas have quite a few crops they grow which leads to a more stable economy.
Countries affected by typhoon?
Countries commonly affected by typhoons include those in Southeast Asia such as the Philippines, Japan, Taiwan, and Vietnam. These regions are prone to typhoons due to their geographical location and warm ocean temperatures that fuel the development of these intense tropical storms.
Which areas are greater- those affected by earthquakes or those affected by volcanoes?
Hawaii
Is Iran an open or closed market economy?
Iran is an open market economy, but international sanctions (especially those of the United States) have cut Iran off from trade with a number of countries. However, Iran is not in autarky, and trades with an incredible number of countries, especially Russia and China.
