POLI SCI 351 Chapter 2.2: POLITICS LECTURE 2 READING-2
16 Apr 2018
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Up until the 1940s, saudi arabia was basically a confederation of tribes and small towns on the coast or built around oases. Only country in the world named after a family. Oil was discovered in the mid 1930s and after wwii u. s oil companies got. Aramco ( arabian american oil comapny) was a joint venture of. American companies that forged a close relationship with saudi rulers by giving them lots of money and building up their modern state for them in exchange for their oil. 1952 - military coup that topples the egyptian monarchy by the so-called. Free officers who set up a revolutionary command council (rcc) as the main governing institution -- the country was now ruled by the military and especially one liutenant - colonal gamal abdel nasser b. Restricted amount of land for a single family, government nationalized (took control of) banking/manufacturing and other industries. Result = a new emerging wide, viable middle class.
