Ask Question
19 June, 07:31

Which statement is true of development in both Nigeria and Venezuela?

A. It has completed a transition to a free-market economy.

B. It benefits from the sale of a valuable resource.

C. Its wealth is based on agriculture.

D. It has developed a service economy.

+5
Answers (1)
  1. 19 June, 07:49
    0
    Option C would be the correct answer as both benefits from the sale of a valuable resource, and that resource is oil. Nigeria and Venezuela are called petro-states, which means they are considered a major exporting countries for oil. They are even classified amongst the top ten countries which exports oil in the world.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement is true of development in both Nigeria and Venezuela? A. It has completed a transition to a free-market economy. B. It ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers