Which of the following statements are correct ? 1. The global economy relied on oil for much of the 20th century as a portable and indispensable fuel. 2. The immense wealth associated with oil generates political strug- gles to control it. 3. History of p

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Q: 76 (CDS-II/2011)
Which of the following statements are correct ?
1. The global economy relied on oil for much of the 20th century as a portable and indispensable fuel.
2. The immense wealth associated with oil generates political strug- gles to control it.
3. History of petroleum is also the history of war and struggle.
4. Nowhere is this more obviously the case of war and struggle than in West Asia and Central America.

Select the correct answer using the code given below :

question_subject: 

History

question_exam: 

CDS-II

stats: 

0,7,35,25,5,5,7

keywords: 

{'petroleum': [3, 1, 3, 10], 'oil': [8, 3, 14, 21], 'global economy': [0, 1, 1, 3], 'indispensable fuel': [0, 0, 0, 1], 'immense wealth': [0, 0, 0, 1], 'war': [5, 3, 9, 10], 'history': [0, 0, 1, 0], 'west asia': [0, 0, 0, 1], '20th century': [0, 0, 0, 1]}

The correct answer is option 4, which states that statements 1, 2, and 3 are correct.

Statement 1 is correct because oil has indeed been a crucial and essential fuel for the global economy throughout the 20th century. It has been widely used as a portable and versatile energy source for various industries and transportation.

Statement 2 is also correct as the immense wealth generated by oil has frequently led to political struggles and conflicts over control. This is because countries with significant oil reserves often hold substantial economic and geopolitical power, leading to competition and conflicts between nations.

Statement 3 further expands on the previous point by noting that the history of petroleum is intertwined with wars and struggles. The need to secure oil reserves and protect strategic interests has often been a contributing factor in many conflicts throughout history.

As for statement 4, it is incorrect as it states that war and struggle are most evident in West Asia and Central America. While these regions have indeed experienced conflicts related to oil, it is not accurate to claim that they are the only areas where such struggles are evident. Oil-related conflicts have occurred in various parts of the world, including the Middle East, Africa, and even some parts of South America.