2007-01-06 01:37:42 · 7 answers · asked by Frances B 1 in Social Science ➔ Economics
Because they dont have any oil.
2007-01-06 01:44:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
In agriculture there are incentives to increase the productivity, and productivity is the key to development and wealth, no matter what sort of industry you are talking about (agriculture, manufactures, oil, gold, IT, ...).
What happens is that certain sectors have more incentives to the increase of productivity, such as the IT sectors. In oil you need to extract the thing put ina barrel and ship it, and the oil fields are concentrated, generating an oligopolistic behavior (rather than competitive). And to complete, oil is very valued, so you can have much money, with little effort.
2007-01-06 01:55:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Because it takes a skill set that must be learned over time in order to pull oil out of the ground.
Farming at the initial development level is low skilled and hard labor. People without skills can do it. The big farm farm equipment comes later.
And, of course, Ag provides to basic needs of life. So nations must start there.
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2007-01-06 01:54:17 · answer #3 · answered by Zak 5 · 0⤊ 0⤋
We can't eat oil can we? Agriculture is and will remain the major wealth of all countries!!!
2007-01-06 01:41:05 · answer #4 · answered by markos m 6 · 0⤊ 0⤋
In my opinion, it is in neither. The wealth and development of a nation is in its people and their ability to control their own government.
2007-01-06 02:11:50 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you can't eat oil...and your people are the real wealth of a nation, so to feed your people is to grow your economy
2007-01-06 01:40:45 · answer #6 · answered by an_articulate_soul 4 · 0⤊ 0⤋
because it's what people consumes the most
2007-01-09 16:29:00 · answer #7 · answered by deceiverII 1 · 0⤊ 0⤋