Answer:
The economy plummeted sharply in 1973
Explanation:
The economy actually grew in 1973 by 5.65%, but then it fell sharply, and fell byn -0.5 in 1974.
The reason for this drop was the 1973 oil crisis, after several Oil-exporting Arab Nations, launched an embargo against countries that had supported Israel in the Yom Kippur War, among these, the United States.
This embargo was very negative for the American economy, because the United States depended on these Arab Nations for its oil supply. Oil became scarce, which made energy, fuel, gasoline, and so on, more expensive. This naturally depressed economic activity because producing goods or services was now more expensive, or even impossible.
Answer:
Explanation:
A system of government in which the power of the government is vested in the people, who rule directly or through elected representatives.
participatory democracy A form of democracy that emphasizes broad, direct participation in politics and civil society, in which most or all citizens participate in politics directly.
pluralist democracy A form of democracy in which political power rests with competing interest groups so that no one group dominates political decisions.
elite democracy A form of democracy in which a small number of people, usually those who are wealthy and well-educated, influence political decisionmaking. hope this help you
