Ruling families of countries such as Saudi Arabia and Kuwait increased the standard of living for most of their populations through __________.

Question

Quizplus · Accepted Answer

The ruling families of countries like Saudi Arabia and Kuwait have increased the standard of living for most of their populations through oil production. These countries are rich in oil reserves, and the ruling families have heavily invested in oil production and exportation, making it their primary source of income. This has resulted in a significant increase in the wealth of these nations, which has trickled down to the population, improving their standard of living.

Ruling Families of Countries Such as Saudi Arabia and Kuwait