The economy of Libya depends primarily on revenues from the petroleum sector, which represents over 95% of export earnings and 60% of GDP. These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa.. After 2000, Libya recorded favourable growth rates with an estimated 10.6% growth of GDP in 2010. This development was interrupted by the Libyan ...
blimp jk it was a time in the Western US of droughts with no water and people were very poor because the farmers ran off of crops but there was a drought so all the crops died therefore no money for farmers(aka everyone)