Answer:
The Civil War helped the Texas economy develop at a fast rate. For example, Texas developed a high-tech industry after a slump in oil prices, continued reliance on oil production which brought in more money for the economy, and had a boom and bust cycle of the oil industry.
Answer:
The 1970s were a period of discomfort for many Americans because of stagflation and unemployment.
Explanation:
As a consequence of the 1973 oil crisis, it emerged as Arab revenge for American and Western support for Israel in the Yom Kippur War.
Through a cessation of production and supply, OPEC generated an exponential rise in the price of oil, the main raw material on which the western economies, mainly the United States, were based. With the rise in oil prices, the remaining prices of raw materials rose, due to the increase in transportation costs. This generated inflation, which in turn caused many companies, due to high costs, to cut wages, generating in turn a situation of economic stagnation at the social level. In other words, the population began to earn less money and spend more to buy the same products. This process, called stagflation (stagnation and inflation).
Answer:
It was a deadly flu and it killed 500 million people. it lasted February 1918 – April 1920
Explanation:
Answer:
It is important because its affect the price of the average American citizens.
Explanation:
Answer:
The major Axis Powers were Germany, Italy, and Japan. The alliance began to form in 1936. ... An even stronger alliance was signed between Germany and Italy on May 22, 1939 called the Pact of Steel. This treaty would later be called the Tripartite Pact when Japan signed it on September 27, 1940.