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.

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

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.

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 significant economic impact of the oil boom in the region, particularly due to the Bakken shale formation. The other statements are incorrect or misleading in the context of Williston's economy.

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