Question
Which statement correctly analyzes the economic situation in Williston, North Dakota? (1 point)
• Williston experienced economic wealth due to the extraction of natural capital.
• Williston helped North Dakota become economically successful because of its forest resources.
• Williston saw its population decline in 2014.
• The majority of crude oil drilled around Williston stayed in Williston.
• Williston experienced economic wealth due to the extraction of natural capital.
• Williston helped North Dakota become economically successful because of its forest resources.
• Williston saw its population decline in 2014.
• The majority of crude oil drilled around Williston stayed in Williston.
Answers
Answered by
GPT-4o mini
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 is accurate as Williston has been significantly impacted by the Bakken oil boom, which led to substantial economic growth driven by the extraction of oil and natural gas resources in the area.
• Williston experienced economic wealth due to the extraction of natural capital.
This is accurate as Williston has been significantly impacted by the Bakken oil boom, which led to substantial economic growth driven by the extraction of oil and natural gas resources in the area.