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Andrej [43]
2 years ago
11

Summary of 1970s oil embargo

History
1 answer:
Art [367]2 years ago
4 0

Answer:

During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in retaliation for the U.S. decision to re-supply the Israeli military and to gain leverage in the post-war peace negotiations.

Explanation:

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What do you think caused the decline of Africa? In your opinion, what is the best way forward for humanity?
Murljashka [212]

Answer: mark me as brainllist

While the rest of the world's economy grew at an annual rate of close to 2 percent from 1960 to 2002, growth performance in Africa has been dismal. From 1974 through the mid-1990s, growth was negative, reaching negative 1.5 percent in 1990-4. As a consequence, hundreds of millions of African citizens have become poor: one half of the African continent lives below the poverty line. In sub-Saharan Africa, per capita GDP is now less than it was in 1974, having declined over 11 percent. In 1970, one in ten poor citizens in the world lived in Africa; by 2000, the number was closer to one in two. That trend translates into 360 million poor Africans in 2000, compared to 140 million in 1975.

In The Economic Tragedy of the XXth Century: Growth in Africa (NBER Working Paper No. 9865), authors Elsa Artadi and Xavier Sala-i-Martin review both the deteriorating economic status of the African continent and the ways in which rich nations, as well as the African nations themselves, might help the poor nations of the continent.

Using the robust econometric determinants of economic growth in a cross-section of countries, the authors pinpoint the most important factors behind the tragedy. The first culprit has been the lack of investment. Over the past 40 years the investment rate in Africa has fallen. Since 1975 the investment rate has declined to 8.5 percent for the whole continent, compared to investment rates for the average-performing OECD economy of between 20 and 25 percent, and for East-Asian economies of 30 percent. Furthermore, most of the investment was skewed in the direction of the inefficient public sector. Recent reforms in Africa have raised the investment rate, but only slightly.Explanation:

8 0
2 years ago
Which of the following is a reason the Union was not amicable with the Native Americans during the war? The Native Americans nul
morpeh [17]
"<span>The Union desired to push the Native Americans off of their land to further the expansion West" would be the best option from the list, since both sides knew that their future relationship would not last in any meaningful way. </span>
6 0
3 years ago
171, 32, 79, 37, 41, 63, 13<br>Median:<br>Mode:<br>Range:<br>​
Vaselesa [24]

Answer:

Median:  41

Mode:  All values appeared once

Range:  158

​

Explanation:

6 0
3 years ago
New Zealand's largest agricultural export. Question 11 options: Apples Bananas Wheat Kiwi
lesantik [10]

Answer:

Dairy and eggs (28.5%)

Meat (14%)

Wood (7.9%)

Fruits (6.7%)

so on-

Explanation:

6 0
3 years ago
Read a sentence from the first draft of a document-based essay on the persecution of Jews in Nazi Germany.
Grace [21]

The correct answer is C) a quote of Hitler's announcement, D) the reaction of Jewish business owners, and E) the types of business he boycotted.  

<em>The details that would provide helpful factual support for this sentence are a quote of Hitler's announcement, the reaction of Jewish business owners, and the types of business he boycotted.  </em>

The sentence was: "Hitler announced a boycott of Jewish-owned businesses."

So it would be very important to have a direct quote from Hitler, stating the reason why he made that decision. Another aspect is the type of business the decision affected and how impacted to the Jewish people. Finally, another important aspect would be to know the first impressions and opinions of the affected, in this case, the Jewish people that owned the business, because with this we can know the other side of the story.

8 0
3 years ago
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