segrogation. "The 1920s was a decade of change, when many Americans owned cars, radios, and .... Yet segregation, or separation of the races, continued to be practiced in North ... Modern civil rights laws for minorities were still many years away."- NC Pedia
<span>After the terrorist attacks of 9/11, the federal budget for (c.) National defense has increased</span>
The enlightenment had made them realize the inequality in the government. The American revolution had inspired other countries to rebel against the injustice in the government and law.
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OPEC has been gaining steady power and influencing the global oil market since the 1970s when OPEC had ~50% of market share in global crude oil production. High market share has also given OPEC the bargaining power to price oil above what prices would be in a more competitive market.
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Explanation:
In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. For example, in the standard text perfect competition, equilibrium occurs at the point at which quantity demanded and quantity supplied are equal.[1] Market equilibrium in this case is a condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. This price is often called the competitive price or market clearing price and will tend not to change unless demand or supply changes, and quantity is called the "competitive quantity" or market clearing quantity. But the concept of equilibrium in economics also applies to imperfectly competitive markets, where it takes the form of a Nash equilibrium.
