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As different areas of the Middle East began to discover oil, the area quickly began seeing the benefits in the form of high export earnings and heightened revenues.
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The Middle East became rich due to the discovery of what resource?
The Middle East became rich due to the discovery of oil.
How does the distribution of oil affect the middle east?
Desrtoys Land!
Which discovery greatly affected the economies 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.
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.
How does the distribution of oil affect the development of middle east?
Brent huhn
Which first country was oil discovered?
Oil was first discovered in the country of Iran in 1908. This discovery marked the beginning of the modern oil industry in the Middle East.
How will oil affect the Middle East in the future?
2 things could happen 1. They run out of oil 2. They find more oil.
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.
Where does the US get much of it oil from?
the Middle East
Do they buy the oil from middle east?
Many countries by oil from the middle east. (70% of all countries) :)
Where does the United states get much of its oil from?
Middle East
