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
boyakko [2]
3 years ago
14

Many economists believe that the extremely high inflation rates of 1973-74 were driven primarily by

Social Studies
2 answers:
Delvig [45]3 years ago
6 0

Answer:

There are several reasons why the recession that took place between 1973 and 1975 affected not just the United States, but also the rest of the world. In the case of the United States, one of the first causes was the negative effect that the whole Nixon scandal had, and which caused a fall of the Bretton Woods system. Also, a rise in competition with other industrialized countries, like Japan, Great Britain, and France, made American-made products less competitive, which drove sales down. Finally, the stock market crash of 1973-74, all became reasons that drove forward this recession, the biggest and most dangerous after the Great Depression, and only overcome by the 2008-09 recession. But probably what nailed the recession, which was caused by hiperinflation and unemployment, was the 1973 Oil Crisis that was generated through the steep increase of oil prices by producing countries, like the Arab nations, after an embargo they had set on the product a year before. This increase in prices affected many countries, but it targeted mostly countries who were pro-Israel.

s344n2d4d5 [400]3 years ago
3 0

The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War.[1] The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States with the embargo also later extended to Portugal, Rhodesia and South Africa. By the end of the embargo in March 1974,[2] the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher. The embargo caused an oil crisis, or "shock", with many short- and long-term effects on global politics and the global economy.[3] It was later called the "first oil shock", followed by the 1979 oil crisis, termed the "second oil shock."

You might be interested in
As compare to a bay a gulf is______ .<br>A) Smaller B) Broader C) Bigger D) Slant​
nikitadnepr [17]

Answer:

C) Bigger ..........Ig

7 0
3 years ago
a meta-analysis of drop out during cognitive behavioral treatments for mental health disorders, what did fernandez and colleague
Marysya12 [62]

In comparison to other client groups, such as those with anxiety disorders, who had a dropout rate of 19.6%, and those with psychosis, who had a dropout rate of 20.1%, depressed adults had a significantly higher dropout rate of 36.4%, according to a meta-analysis of CBT dropout.

<h3>What is cognitive behavioral therapy?</h3>

Putting oneself in stressful situations, like walking into a crowded place. Keeping a record of your daily thoughts and emotions related to those thoughts.

Attempts are often made to change mental processes in CBT therapy. These methods could involve identifying one's own thinking errors that are problematic and then reevaluating them in light of reality.

Thus, anxiety disorders, who had a dropout rate of 19.6%.

For more details about cognitive behavioral therapy, click here:

brainly.com/question/13756734

#SPJ4

6 0
1 year ago
What is the name of the President of the United States now?
stellarik [79]
Since January of 2009, Barack H. Obama has been President of the US.

If he remains physically and mentally able, and doesn't resign the position,
he will remain in office until the winner of the November 2016 Presidential
election is inaugurated in January of 2017.
6 0
3 years ago
Read 2 more answers
ou want to learn about your congressperson's voting record. Where would you find information on how they voted? A. Petition B. H
fiasKO [112]
C. Congressional record is the answer
8 0
3 years ago
(social media)
scoray [572]

Answer:

18-25

Explanation:

Hope this helps!

6 0
3 years ago
Other questions:
  • WRONG ANSWERS WILL BE DELETED
    13·1 answer
  • Darius is learning the names of two or three new objects or events every day. This rapid increase in vocabulary is referred to a
    8·2 answers
  • What were the benefits to the us of taking over islands like samoa and guam in the pacific
    9·1 answer
  • Who was the first French explorer is reach the mouth of the Mississippi river
    11·1 answer
  • If your grandparents are coming over for a couple of weeks, and they would like to know what is the weather there, what question
    14·1 answer
  • Leticia is at Bellevue High School. She thinks she is fat and begins to starve herself
    14·1 answer
  • Social norms, both formal and informal, is one of the main things that let people know this. This is also a way to encourage con
    5·1 answer
  • Bacteria and Pathogens can enter the body if the skin is____
    10·1 answer
  • Dr. Nwoambi is a psychologist who is currently evaluating a new client. Dr. Nwoambi would most likely refer to the __________ to
    9·1 answer
  • Identify the importance of school for students and teachers in Japan
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!