Eeplain the role of fossil fuels in the improvement of economy of a nation?

Asked by  | 19th Mar, 2012, 09:08: PM

Expert Answer:

Fossil fuels form the base upon which our entire society is built.
Every thing right from transport, industry, agriculture, hospital, food production are all dependent on fossil fuels for their functioning. Because of the vast prevalence of fossil fuels in our society, it is no surprise that the producing and selling of fossil fuels has a huge impact on our economy. Oil companies and fossil fuel refineries play a huge role in our national economic growth.
So the entire economy of a nation is highly dependent on fossil fuels.

Answered by  | 20th Mar, 2012, 09:07: AM

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