Iraq’s burning of the oil wells in Kuwait during the 1991 Gulf War is
QUESTION
Iraq’s burning of the oil wells in Kuwait during the 1991 Gulf War is an example of what kinds of forces impacting what factor of production?
What will be an ideal response?
ANSWER
Answer: global forces impacting natural resources
Explanation: The war is an example of global forces affecting the business environment. Burning the wells impacted the availability of oil, a critical natural resource for economic growth.
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