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Rasek [7]
3 years ago
12

What mostly likely caused the steady increase in price per barrel of oil between 2001 and 2008

History
2 answers:
Digiron [165]3 years ago
4 0

Answer:

demand from developing countries

Explanation:

Aloiza [94]3 years ago
3 0
Oil has slowly depleted as an available resouce, there for the price has risen because it's scarcity.
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Explanation:

Corruption:

Because of corruption and political instability, Roman's economy was weakening. They had to buy expensive items from the East as they had well trade with them, but now the economy had fallen and they had nothing to exchange with them, administration started making new silver coins which led to inflation, prices rose and Germanic tribes disordered the flow of trade, especially in West The western half of the empire had a large trade deficit with the eastern half. The west purchased luxury goods from the east but had nothing to offer in exchange. To make up for the lack of money, the government began producing more coins with less silver content. This led to inflation. Finally, piracy and attacks from Germanic tribes disrupted the flow of trade, especially in the west.

Political Instability:

The civil war accelerated the empire into anarchy, and more than 20 men considered the dominion to the extent of only 75 years, normally after the killing of their ancestors. The Praetorian Guard, the emperor's personal guard slaughtered and established new monarchs at wish. The political corruption also spread to the Roman Senate, which worsened to anger the surpluses of the rulers due to its own unlimited rottenness and inability. In this situation, Romans lost their trust in their emperors.

Christianity:

Christianity replaced the polytheistic Roman faith, which saw the emperor as owning a sacred rank and diverted focus from the glory of State and above the only goddess.

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