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Snowcat [4.5K]
4 years ago
11

Why is there so much oil under southwest central Asia?

Social Studies
1 answer:
-Dominant- [34]4 years ago
7 0
Millions of years ago this area was under water. The sea that covered the region contained the tiny plants and animals that began the process of making oil. Another reason that oil formed underneath Southwest Asia has to do with the movement of Earth's crust.
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<em>The option that best describes the idea of the “invisible hand” is “the government sets policy for producer and consumers, which guides the economy.” </em>

The “invisible hand” is a term coined by the economist Adrian Smith in his book “The Wealth of Nations”. It implies that in the market exist an “invisible hand” that helps the demand and supply of goods to maintain a balance.  

Observing the graphic attached, another valid affirmation that stems from the information in the graphic could be: producers and consumers work together, which guides the economy.


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