What would be a reaonable concluion to draw about the correlation between tandard of living and a country with an abundance of oil that ue it profit to help citizen of a country? *
A. Oil production doe not impact the tandard of living in a country. B. The tandard of living ha not been improved becaue oil ha not raied the GDP per capital in thoe countrie. C. Oil ha created a limited amount of job for the people increaing the unemployment rate. D. The tandard of living ha been improved due to better education, healthcare, road, and technology

Respuesta :

The oil and fuel enterprise helps millions of American jobs, provides decrease power charges for consumers, and ensures our strength security.

How does oil affect a country's economy?

The fee of oil influences the fees of different production and manufacturing across the United States. For example, there is a direct correlation between the fee of gas or plane gasoline to the fee of transporting items and people. A drop in gas fees potential lower transport expenses and more cost effective airline tickets.

Why oil rich countries are poor?

Poor governance, mismanagement of oil revenues, and acute corruption on the phase of host governments have all contributed to increasing political and economic instability and conflict in oil-producing countries—with great fees to the oil industry.

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