Economy, asked by shanmukh25, 1 year ago

how has petroleum changed the economy of saudi arabia

Answers

Answered by TheRuhanikaDhawan
34
petroleum has changed the economy of Saudi Arabia because petroleum is needed by everyone and petrol is found mostly in saudi arabia
as petrol is very costly it helps in their economic development
Answered by mariospartan
9

Petroleum changed an economy of Saudi Arabia:

Petroleum plays a vital role in changing an economy of Saudi Arabia. It is a known thing that petroleum is an important natural resource. With the discovery of petroleum, many companies and big firms (refineries) emerge that mine petroleum and get involved in selling and exporting petroleum to other countries as well. This increase in oil companies increases employment giving bread and butter to many families and eventually enhanced the economy of Saudi Arabia.

Similar questions