Impact of Agriculture and Tourism on Economic Development

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What role do oil and natural gas play in the economies of many Arab countries?

They are used to build schools and hospitals.

They generate significant revenue through export. (correct)

They support the production of agricultural crops.

They hinder the economic development of the region.

How does selling oil benefit Arab countries economically?

Enables them to buy goods they may not have. (correct)

Leads to inflation in the economy.

Increases unemployment rates.

Reduces their reliance on agricultural exports.

What is a major contribution of agriculture to the economies of Arab nations?

Production of crops for domestic use and export. (correct)

Creation of jobs in the tourism sector.

Development of advanced technologies.

Heavy reliance on oil for economic growth.

How does the presence of fertile soil in Egypt's Nile River Valley impact its economy?

It facilitates abundant agricultural production. Signup and view all the answers

What is an example of how oil contributes to job creation and economic growth in Arab nations?

People work on oil rigs and refineries, creating jobs. Signup and view all the answers

How does agriculture impact a country's economy?

By ensuring food safety and creating job opportunities Signup and view all the answers

Which of the following is a benefit of the tourism industry in Arab countries?

Creating job opportunities and generating income Signup and view all the answers

What role do financial services play in the Gulf Cooperation Council (GCC) region?

Providing banking, investment, and insurance services Signup and view all the answers

Why is investing in agriculture considered essential for a nation's economic development?

To promote economic growth and stability Signup and view all the answers

How does tourism contribute to showcasing the culture of Arab countries?

By aiding local businesses and promoting cultural understanding Signup and view all the answers

How does the agriculture sector benefit a country's economy?

By promoting job creation and stability Signup and view all the answers

What is a significant impact of the tourism industry on Arab countries?

Generating income and creating job opportunities Signup and view all the answers

How do financial services contribute to the development of Arab countries?

By promoting economic growth through sound investments Signup and view all the answers

Why is investing in renewable energy important for the economical development of countries?

To reduce greenhouse gas emissions and combat climate change Signup and view all the answers

What role does manufacturing play in the economic diversification of nations?

By contributing to the growth of various industries Signup and view all the answers

Which industry plays a significant role in the economies of many Arab countries?

Oil and gas Signup and view all the answers

What type of resources are many Arab nations rich in, leading to economic benefits?

Oil and natural gas Signup and view all the answers

Which sector heavily influences the economies of many Arab nations besides agriculture?

Tourism Signup and view all the answers

In what sector do some people work on oil rigs or in refineries to support economic growth?

Manufacturing Signup and view all the answers

Which of the following is NOT mentioned as a factor influencing the economies of Arab countries in the text?

Population density Signup and view all the answers