Challenges to Saudi Arabia's Vison for Life After Oil

Challenges to Saudi Arabia's Vison for Life After Oil

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Saudi Arabia's efforts to adapt to lower oil prices by diversifying its economy. The Deputy Crown Prince is expected to announce several economic, social, and development programs aimed at reducing the country's dependency on oil. These initiatives may include lowering subsidies, creating jobs in sectors like tourism and services, and implementing new development plans. The overall agenda is to transition Saudi Arabia towards a more diversified economy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason Saudi Arabia is looking to change its economy?

To focus solely on tourism

To increase oil production

To adapt to lower oil prices

To reduce foreign investments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the expected areas for job creation in Saudi Arabia's new plans?

Agriculture

Service sector

Manufacturing

Mining

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential measure Saudi Arabia might take to support its economy?

Focus on oil exports

Increase oil subsidies

Lower subsidies in certain areas

Ban foreign investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ultimate goal of Saudi Arabia's economic agenda?

To develop a diversified economy

To become the largest oil exporter

To focus on renewable energy only

To eliminate all subsidies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has Saudi Arabia been dependent on for decades?

Tourism

Technology

Oil

Agriculture