The Challenge of Saudi Arabia's Post-Oil Economy

The Challenge of Saudi Arabia's Post-Oil Economy

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Saudi Arabia's strategy to increase market share in the oil industry, despite budgetary constraints and lower oil prices. It highlights the Vision 2030 initiative aimed at diversifying the economy and reducing dependency on oil. The team behind Vision 2030 is described as dedicated and aware of the challenges. The National Transformation Plan is also discussed, focusing on increasing non-oil revenue and improving government efficiency.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do the advisors around the Deputy Crown Prince play in the execution of Vision 2030?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the importance of non-oil revenue generation as mentioned in the text.

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