History, asked by prishameow, 9 months ago

although the Portuguese became rich selling goods from the Arabian gulf and Indian gulf, what do you think happened to the gulf economy?could you plz explain for me

Answers

Answered by ayonapretty02
0

Answer:

hey i think this is the answer

Explanation:

The economy of the Middle East is very diverse, with national economies ranging from hydrocarbon-exporting rentiers to centralized socialist economies and free-market economies. The region is best known for oil production and export, which significantly impacts the entire region through the wealth it generates and through labor utilization. In recent years, many of the countries in the region have undertaken efforts to diversify their economies.

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