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Oil and that's all Libya has. Its a vast desert wasteland.

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Q: Libya became wealthy because of the discovery of?
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Libya became wealthy because of what?

Libya became wealthy because of the large amount of crude oil that can be found there, and because of the large demand of oil in other countries. Libya has the 9th largest supply of oil in the world. Libya produces about 3.3 million barrels a day.


What discovery did libya become wealthy for?

OIL ... in 1959


What is the date Libya became a nation?

1952


When did Libya become independent from its colonists?

Libya became independent from its colonists in December 24, 1951.


Why is tripoli the capital of Libya?

Tripoli is the capital of Libya because when Libya was found tripoli was also found.


When Qaddafi have became the president of Libya?

Since 1969----he is not elected by the Libyan people, he only declares himself "The Brother Leader of Libya".


Why is Libya in conflict?

Because the stupid leader of Libya is... is.... being stupid!!!


Is Libya in conflict?

Because the stupid leader of Libya is... is.... being stupid!!!


Is Libya a ldc?

No, as i am Libyan, I have been to Libya and most of my family live there, it is a quite wealthy country. There is lots of big buildings anad lots of buisness running and most of the people have a lot of money. Most of the people have big villas and swimming pools. Plus Libya gets a lot of money from diffrent countries because of the oil that is found there and the oil is of good quality.


When did Libya gain their independence?

Libya was occupied by Italy from the end of WW1 until it was fought over in WW2 and the Italians were defeated by the Allies . After that war, on 24 December 1951, Libya declared its independence as the United Kingdom of Libya,


What is the name of the Muslim prophet who is buried at Sidi Rezegh Libya?

Sidi Rezegh, Libya was named after Sidi Rezegh whose tomb became a mosque.


Who ruled libya?

From 106 BC to 642 AD Libya was under Roman rule. From 642 AD to 1551 AD it was under Arab Islamic rule. Spain invaded Libya in 1551, but lost control of Libya to the Ottomans fairly quickly. they then ruled Libya until 1911, when it became an Italian colony. The Italians then ruled Libya until 1951 when the United Nations ruled that Libya should be independent. So from 1951 Libya became a monarchary under King Idris, who was Libya's first and only monarch. This lasted until 1969 when a coup led by the army officer Muammar Gaddafi took control of the country.