Comparative Analysis Of Oil And Gas Economy With Industrially Diversified Economy

CHAPTER ONEINTRODUCTION1.1 BAGROUND OF THE STUDY Diversification which is all about the exploitation and development of various sectors of an economy if not all sectors, has been a major route through which many developed countries of the world passed. The discovery of certain primary materials or resources however, often change the mentality of such nations into the problem of non-diversification. The blockage to diversification comes as a result of sudden rise in revenue of such affected nations whose riches from natural resources or otherwise it’s abundance, take them several years backward…