Economy of Southwest Asia: Oil, OPEC, and Cultural Influences
Oil discovery in Southwest Asia transformed the region's economy, with OPEC playing a key role in pricing. Primary products like oil and secondary goods influence the economy. Islam shapes the culture, while debates on Westernization persist.
1 views • 10 slides
Impact of Increasing Fuel Prices on Economy and Alternatives
Global and national fuel prices have soared, impacting economies significantly. The conflict in Europe disrupts supply chains, with developing economies facing the brunt. Factors like geopolitical tensions, OPEC+ decisions, and post-COVID demand-supply imbalances contribute to the price surge. The p
0 views • 13 slides