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7 August, 02:35

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.

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  1. 7 August, 03:46
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    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.
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Home » Social Studies » 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.
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