Answer:
New weapons produced during the Industrial Revolution in the late 1800s heightened existing tensions among European nations as countries strove to outpace their enemies technologically. This armaments race accelerated in the decade before 1914 as the Triple Alliance of Germany, Austria-Hungary, and Italy squared off against the Triple Entente of France, Russia, and Britain. Germany’s fears of increases in Russian armaments, and British fears of the German naval buildup, contributed heavily to the outbreak and spread of the First World War in 1914.
Explanation:
Answer:
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Third party is a term used in the United States for American political parties other than the Republican and Democratic parties.
- During the Iranian Revolution, oil output from the Middle East declined.
- The demand for oil increased globally, and oil prices skyrocketed.
- The United States put conservation policies in place.
- The demand for oil decreased, and oil prices declined sharply.
In January 1979, concurrently with the Iranian Revolution, oil produced in Iran declined by 4.8 million barrels a day (1). Iran cut back its oil supply into the international market.
This put a substantial strain on the international oil market: there was now a lot less oil to fulfill the demand on the global market, and the prices shot up (2). Indeed, at the end of the year, prices had doubled compared with before the Iranian Revolution.
In order to stop cutting their barrel purchases and paying increasing amounts for them, the U.S. needed to be less reliant on foreign (Iranian) oil and to conserve energy in better ways. An example was the deregulation of domestic oil price controls, which helped the U.S. rely on its own oil output and reduce imports (3).
Because of 1979's sharp increase in oil prices and the new economic crisis in the world in the early 1980s, oil demand had decreased by 10% by 1983. This caused the prices to sink (4) all the way down to 40% of their 1981 price by 1985.
The Gadsden Purchase, or Treaty, was an agreement between the United
States and Mexico, finalized in 1854, in
which the United States agreed to pay Mexico $10 million for a 29,670 square
mile portion of Mexico that later became part of Arizona
and New Mexico. Gadsden’s Purchase provided the land
necessary for a southern transcontinental railroad and attempted to resolve
conflicts that lingered after the Mexican-American
War.
