1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
krok68 [10]
3 years ago
15

What were two of the reasons for the spike in oil prices during the 2000s?

History
2 answers:
Yuki888 [10]3 years ago
7 0
<span>overdemand in relation to supply; lack of refined oil; oil speculations; and <span>decreased production by OPEC. </span></span>
erica [24]3 years ago
5 0

The correct answer is 4: overdemand in relation to supply. The 2000s saw the greatest continuous expansion of the world economy in decades. Much of this growth was focused on the developing world. The booming economy led to high prices for most commodities, including agricultural products as well as oil and other mineral resources. OPEC did not decrease its production, but it refused to increase it in the face of greater demand in order to benefit from the higher prices.

You might be interested in
Which development made it possible to construct this type of building?
IgorC [24]

Development of the Steel manufacturing industry made it possible

This particular building is called the Home Insurance Building which was built in 1885 in Chicago, Illinois and referred to as the first modern skyscraper.

  • The architect known as William LeBaron designed the building using inner skeleton of vertical columns and horizontal beams made out of steel structures.

In conclusion, the development of the Steel manufacturing industry made it possible to construct this type of building in the late 1800s.

Learn more about Home Insurance Building here

<em>brainly.com/question/6372674</em>

4 0
2 years ago
Read 2 more answers
Please help!!
Sergio [31]

Answer:

B. Nebuchadnezzar built or restored temples and huge royal palaces.

D. It had a busy harbor on the banks of the Euphrates River

Explanation:

8 0
3 years ago
What sent coded messages over a wire in a matter of seconds
geniusboy [140]
The Telegraphy was the first to send coded messages over a wire in a matter of seconds
6 0
3 years ago
Select all issues that led to the French Revolution
Vladimir [108]

Causes of the French Revolution. 2. Political conflict: conflict between the Monarchy and the nobility over the “reform” of the tax system led to paralysis and bankruptcy.

3 0
3 years ago
Define the term reserved powers, and give an example of a reserved power of government.
Vedmedyk [2.9K]
Reserved powers are the powers that are not explicitly stated in a governing document but are implied powers because of other powers which are granted to the government. The creation of an education system or state identification systems are examples of reserved powers.
4 0
3 years ago
Read 2 more answers
Other questions:
  • According to the rationale of franklin
    15·1 answer
  • Can we adopt localism today?
    5·2 answers
  • Where are deep ocean trenches formed
    6·1 answer
  • What was not an effect of the aftermath of world war 1?
    13·1 answer
  • What were some pros and cons of supporting the Vietnam War?
    12·1 answer
  • 1. How did Winston Churchill describe the East/West division of Europe?
    12·1 answer
  • How would political bosses help poor and immigrants
    13·1 answer
  • Were census takers first sent to central England, or to lands along the eastern coast?
    5·1 answer
  • Which is the best description of the living conditions for many of the immigrants of the 1800's? Select one: a. Most lived in de
    12·2 answers
  • About how many miles did Lewis and Clark travel from St. Louis to the Oregon coast
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!