Which statement correctly analyzes the economic situation in Williston, North Dakota?(1 point)

Responses

Williston experienced economic wealth due to the extraction of natural capital.
Williston experienced economic wealth due to the extraction of natural capital.

Williston helped North Dakota become economically successful because of its forest resources.
Williston helped North Dakota become economically successful because of its forest resources.

Williston saw its population decline in 2014.
Williston saw its population decline in 2014.

The majority of crude oil drilled around Williston stayed in Williston.

1 answer

The statement that correctly analyzes the economic situation in Williston, North Dakota is:

Williston experienced economic wealth due to the extraction of natural capital.

This reflects the impact of the oil boom in the area, which significantly contributed to its economic growth. The other statements do not accurately represent the economic situation or demographic trends in Williston.