asked 203k views
5 votes
How Can the Oil-Rich Help the Oil-Poor

1 Answer

5 votes
The oil-rich countries can help the poor oil ones in many ways, the reality of the world has shown how some countries like Saudi Arabia and Venezuela that are oil-rich countries have helped countries like Argentina, Haiti, Peru, Bolivia, Pakistan , Jamaica, among others; the oil bonanza has helped dozens of other countries to build houses, roads, improve electrical systems,reduce deseases, improve their economy, cancel external debts, etc., oil is a resource with multiple derivatives, which they haven´t been able to be replaced in its entirety, and although it is a resource owned by the country where it is located, these, in some opportunities have benefited other poorer nations with it.
answered
User Eshwar
by
7.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.