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Energy is the most basic element of progress for all economies—the pivotal force

ID: 299175 • Letter: E

Question

Energy is the most basic element of progress for all economies—the pivotal force that sustains life and ensures a standard of living. The world oil consumption is dramatically increasing due to the global economic activity, especially of China and India.

Both statements are true.

Both statements are false.

Statement one is true; statement two is false.

Statement one is false; statement two is true.

a.

Both statements are true.

b.

Both statements are false.

c.

Statement one is true; statement two is false.

d.

Statement one is false; statement two is true.

Explanation / Answer

Answer: Both statements are true.
Energy is the most basic element of progress for all economies—the pivotal force that sustains life and ensures a standard of living. The world oil consumption is dramatically increasing due to the global economic activity, especially of China and India. Both statements are true.
Economic growth indirectly or directly increases the use of oil production and consumption, this may leads to world oil shortage.