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At The 21st Century, Oil Fueled The World's Industries && Transportation && Its Economies. This '' Black Gold'' Was So Vital That Oil Became A Strategic Commodity.
One Problem Is That The World's Oil Prices Rice && Fall Unpredictably. For Instance, When Oil Prices Were Low In 1996 && 1997, Southwest Asia Economies Grew Slow.
The Region Has Improve Its Infrastructure.. For Example, Saudi Arabia, Built New Roads In Rural Areas, Irrigation network && Facility To store Agricultural Products. Other Nations Built Airports, Shooping Malls, && Port Facilities.
Southwest Asia Are Developing Their Human Resources The Skills && talent Of Their People. Nations Are Expanding The Opportuinties ForThe Citizens To Get Educatiopn.. Gor Some Womans Its Hard To Get An Education.
To Promote Economic Growth, The Oil-Rich Nations Of Southwest Asia Face Three Challenges In The Way They Use Oil Profit. 1. Each Has To Modernize Its Infrastructure 2. Each Has To Develop Its Agricultural, Mineral, && Water Resources. 3. The People Of Each Nation Have To Gain Access To Higher Education && Job Training
To Creat Diversied Economy, Nations of The Area Have To Develop Resources Other Than Oil. They Need To Develop Aggriculture.