Final answer:
The statement is not fully accurate as Saudi Arabia has used oil wealth for the country's development, despite instances of uneven wealth distribution.
Step-by-step explanation:
The statement that money from oil sales in Saudi Arabia has been kept by the monarchy and not used to improve the lives of the citizens is not entirely true. While it is accurate to say that the Saudi monarchy has historically used a substantial portion of the oil revenue for personal and governmental expenses, Saudi Arabia has also made efforts to use its oil wealth to develop the country. Investments have been made in infrastructure, education, and economic diversification aimed at reducing the dependency on oil income.
Additionally, efforts towards globalization and modernization such as the interfaith dialogue initiative, WTO membership, and the inclusion of women in the government reflect developmental progress. However, the wealth distribution has been uneven, leading to disparities between different groups within the population. This has included instances of luxurious living conditions for foreign workers in walled compounds while local workers resided in poorer conditions.In Saudi Arabia, money from oil sales has been primarily kept by the monarchy and not used extensively to improve the lives of the citizens of the country.The wealth generated by the sale of petroleum reserves has not been effectively utilized to uplift the majority of the population.The Saudi royal family has used their share of oil revenues to consolidate both religious and secular authority, rather than investing extensively in social programs or infrastructure improvements.