Justify Y oil is imprtnt 4 economic grwth??? pls help!!

Question

Justify Y oil is imprtnt 4 economic grwth??? pls help!!

1. where does india stnd in oil prdctn??

2. justify Y oil is imprtnt 4 economic grwth???

3. present any case study on any 1 country wich hs oil as its major prodctn and hw oil has cntributed 2 its econmic grwth??

pls help!!! dese topics r regarding my evs project.its very importnt

Answer 1

1. India is extremely low on resources

2. Oil = electricity = possible expansion

3. Major oil producer: Saudi Arabia. This position has given it huge amounts of money in the bank every year.