When the price of oil drops this usually means that OPEC or a major state within OPEC like Saudi Arabia, or Venezuela has increased the supply of oil leading to a drop in price. This is the current policy of the Saudi Government which has led to a drastic decline in oil prices over the last 3 to 4 months.
Answer:
South America has the highest
Gravity??? Honestly don’t know.
The African countries can easily be described and generalized, in the sense of the whole continent, as the economies are predominantly dependent on one or two products.
That dependence on one or two products is making very big problems, and it is also a very big mistake of the governments. When there's a slight variation in the prices on the certain product, the economies are heavily influenced, often in a bed manner.
It is weird though that the African countries have orientated their economies in this way, especially because the continent is very rich in lots of natural resources.
