The right answer is A) Government loans gave the oil industry a second chance to boom
The first oil shock began in October 1973, when OPEC member Arab countries embargoed oil supplies to the United States, Japan, and Western Europe in retaliation for the occupation of Palestinian territories by the Israelis during the Yom Kippur War. The embargo forced some European countries and Japan to ration energy and led the world into recession. With the deficit in the supply of this commodity the American government intervened and fomented the economy so that it could survive the crisis that was instated and Texas petroleum became an improvised exit.
The Roman Republic was certainly a thriving democracy by the standards of its time, but it should be noted that women, slaves, and many men were not allowed to vote.
His points covered three main things, self determination of colonies l, freedom of the seas and the League of Nations. His points failed because France and Britain wanted revenge against Germany so his points were turned down. The only point that made it was the 14th (the League of Nations). But this would eventually fall apart because US congress didn’t want America to be involved in foreign affairs so they didn’t join. Since America was the only super power coming out of the war and didn’t join the league the other countries couldn’t agree on anything.
The answer is B) Classical.
