oil boom Flashcards
leccion de sociales (15 cards)
What year did the oil boom in Ecuador begin?
The oil boom in Ecuador began in the 1970s.
True or False: Ecuador is one of the largest oil producers in South America.
True
Fill in the blank: The discovery of oil in Ecuador primarily took place in the __________ region.
Amazon
What was a major economic impact of the oil boom on Ecuador?
It significantly increased the country’s GDP and government revenues.
Which company was primarily involved in the early oil exploration in Ecuador?
Texaco
Multiple choice: What environmental concern is associated with the oil industry in Ecuador? A) Deforestation B) Air pollution C) Water contamination D) All of the above
D) All of the above
What percentage of Ecuador’s export revenues come from oil?
Approximately 30%.
True or False: The oil boom has led to significant social and economic inequalities in Ecuador.
True
What is the name of the indigenous group that has been notably affected by oil drilling in the Amazon?
The Waorani
Fill in the blank: The government of Ecuador has faced international criticism for its __________ policies regarding oil extraction.
environmental
What role did the 1973 oil crisis play in Ecuador’s oil boom?
It led to increased oil prices, boosting revenues for oil-exporting countries like Ecuador.
Multiple choice: Which of the following was a consequence of the oil boom in Ecuador? A) Urban migration B) Improved infrastructure C) Environmental degradation D) All of the above
D) All of the above
What is the significance of the Yasuni National Park in relation to the oil boom?
It is a protected area that contains significant biodiversity and oil reserves, leading to controversy over extraction.
True or False: The oil boom has had no impact on Ecuador’s political landscape.
False
What major policy change occurred in Ecuador regarding oil extraction in the 2000s?
The government increased its control over oil resources and sought to renegotiate contracts with foreign companies.
