lebanon
Prior to the 20th century, the Middle Eastern nations could easily have been categorized as third world countries. It was not until the early 1930's that oil production was begun and not until the mid-century that oil became an important commodity in the world market. Thus, the Middle Eastern countries experienced a huge influx of capital. This wealth had a major impact on the Middle East, yet most Middle Eastern countries still retain a Third World status. The use of oil-revenues has had a major impact on the Middle East that distinguishes them from other Third World countries. Yet, at the same time, this wealth has not caused these countries to break free from this status in order to raise their status to that of major powers. Disagreements among Middle Eastern nations, their inability to effectively organize and political instability have all contributed to the Middle East remaining Third World.Until the invention of the combustion engine, the oil industry only slowly developed. This was because oil was not a major commodity until it became more widely used in cars, planes and other engines. Until this time, there was little use for oil. Oil exploration in the Middle East began in the late 19th century with
Yapp, The Near East Since the First World War, New York, 1996 Hazem Beblawi and Giacomo Luciani (eds), The Rentier State, London, 1987, Chapters 2 and 4.
Some common words found in the essay are:
Middle East, Middle Eastern, Sudan Turkey, Saudi Arabia, West OPEC, Countries OPEC, Middle East's, middle east, United Europe, middle eastern, World HISTORY, Third World, oil production, oil industry, middle eastern countries, eastern countries, third world, oil producing, saudi arabia, 20th century, world market, middle eastern nations, third world status, middle east major, oil producing countries,
Approximate Word count = 2278
Approximate Pages = 9 (250 words per page double spaced)
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