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.
Answer:
True.
Explanation:
People who oppose the War on Drugs argue that drug offenders should not be incarcerated because most of them are not violent criminals, and being a drug addict should not be considered a crime but a disease, and correspondingly, should be treated by medical professionals.
Unfair incarceration of drug offenders contributes to the break up of families, specially in low-income areas, and this phenomenon as a whole affects society. Children born in households with incarcerated parents are more likely to be poor, to become addicts themselves, or to commit crimes in the future.
Answer:
The depression was caused by a number of serious weaknesses in the economy. ... America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy.
