Answer: okay I’m too lazy to type it down but just look at the picture :)
<span>Reaganomics was the name for Ronald Reagan's economic system used during his presidency, Trickle down economics is a capitalistic term used to describe the flow of income going down from workers at the top of a corporation streaming down to the bottom, and the Strategic Initiative is a broad term intended to achieve a goal either with an idea or a person in a certain position of power. The answer is Stagflation.</span>
Answer:
B)
Explanation:
Following the oil price shock of 1990 caused by the invasion of Kuwait by Saddam Hussein's Iraq, oil prices soared from 17 dollars per barrel to 36 dollars per barrel.
The demand for oil in this decade was enormous and oil companies carried out a lot of researches to discover oil. During the 1990s, oil companies began to access discovered oil deposits in places like Alaska, the gulf of Mexico, the Caspian sea and many other places to supply the rising demands.
