GS101 Study Guide - Final Guide: Anthropocentrism, Western Settlement, Biculturalism
Document Summary
When things are owner in common or are un-owned, the result tends to be a decline in both the quality and quantity of the thing. When there is no one specifically to care for, and to pay the price for the decline of an asset, that asset tends to fall apart or get completely used up. Leading members of opec include saudi arabia, iran, iraq, kuwait, uae, libya, algeria, and qatar. Was founded by arab states of the persian gulf region. This was started by opec for mainly two reasons: first, to increase the price of oil, thus generating more money for themselves, second, to punish the west especially the us for their ongoing support of. Is oil that is readily available, cheap to extract and purify, and ready to go. Is oil that is remotely located (e. g. offshore), expensive to bring out, laborious to purify, and not at all ready to go, it needs to be processed.
