After an Anglo-Persian geologist by the name of P.T. Cox produced the first evidence of oil in 1931, Kuwait would never be the same again. The whole structure of Kuwait, economically and politically, changed dramatically. Kuwait developed from a poor Middle Eastern country to one of the richest countries in the world. The population went from poor pearl divers and fishermen to some of the most powerful oil barons in the world. This paper will show the transformation of a poverty stricken country into a petroleum giant.
© 1987 by the Board of Student Publications, University of Northern Iowa
"The Role of Oil in Kuwait's Economy,"
Draftings In: Vol. 2:
4, Article 8.
Available at: https://scholarworks.uni.edu/draftings/vol2/iss4/8