Why arab Countries are so rich ????
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Answer:
not all arab countries are rich
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Explanation:
Arabian countries are rich for the following reasons:-
- there is no crisis of mineral resources. plenty of mineral resources including fossil fuels and oil is found directly from the ground. they have enough to fulfill the demand of the rest of the world. they export them every year to rich countries like USA, China, Canada. USA having an acute crisis of natural resources are fully dependent on the natural resources obtained from the imported resources. as a result the Arabian countries are earning a lot of foreign currencies. in a word,,,,,they have a large amount of natural and mineral resources exporting which they are earning a healthy amount of currencies.
- the Arabian countries are mostly known to be a holy place for Muslims. every year a large amount of Muslims gather here to perform hajj(pilgrimage). Arabian countries earn much through these foreign tourists from all over the world.
- they are genuinely developed country. so they spend enough in the sectors like education which helps building up manpower and human resource. as a result, the countries are experiencing further development in the technical aspects. which are helping them to become richer.
for these reasons Arabian countries are rich.
but it's not like all of them are rich. but yea....they literally are. countries like: Saudi Arabia, Iran, UAE are extremely developed country.
hope you find this helpful
wish you the bestttttteeestttt lucks
:)
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