Many oil producing countries of this region have become urbanized since

Many oil producing countries of this region have become urbanized since

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  1. The discovery of oil resources does not positively impact the entire country, and in fact eliminates productive activity.

    Explanation:

    29.  

    What is “the paradox of plenty?”

     

    The discovery of oil ensures financial stability for the entire nation.

     

    The discovery of oil resources does not positively impact the entire country, and in fact eliminates productive activity.

    Oil not only creates very few jobs, it also destroys jobs in other sectors and eliminates other productive activity

     

    The discovery of oil resources helps alleviate poverty and creates jobs.

     

    The discovery of oil resources helps developing countries achieve more freedom and democracy.

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  2. The supply curve would shift to the right(upwards)

    Explanation:

    This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.

    hope this helps!

  3. B. Latin America is the leading user of hydroelectric power in the world.

    Explanation:

    The Latin America is composed of the main industries as agriculture and mining and is there rich in terms of the land resource and the ideal climate of the temperate and tropics is good for agricultural crops.

  4. B. Latin America is the leading user of hydroelectric power in the world.

    Explanation:

    The Latin America is composed of the main industries as agriculture and mining and is there rich in terms of the land resource and the ideal climate of the temperate and tropics is good for agricultural crops.

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