<em>Answers first, some detail later:</em>
1. The international organization developed in 1960 to stabilize international oil prices and to oversee petroleum imports and investments is:
<h2>OPEC
</h2>
2. The Middle East is a stable region with many peace treaties and no ongoing issues.
<h2>False
</h2>
3. All of the following statements about oil in the Middle East are true except:
<h2>oil wealth is distributed equally among all of the citizens in oil rich countries</h2>
<u>Some further details:</u>
OPEC stands for the Organization of Petroleum Exporting Countries. Within that, there was also the Organization of Arab Petroleum Exporting Countries (OAPEC), formed in 1968. The Middle Eastern countries that are members of OPEC are also aligned in OAPEC.
The Middle Eastern countries with large oil deposits tend not to be open, democratic societies. Wealth is concentrated in the hands of a few, and the majority of the populations in their countries live in far from affluent conditions.
Answer:
The stock market crashed on Thursday, October 24, 1929, less than eight months into Herbert Hoover’s presidency. Most experts, including Hoover, thought the crash was part of a passing recession. By July 1931, when the President wrote this letter to a friend, Governor Louis Emmerson of Illinois, it had become clear that excessive speculation and a worldwide economic slowdown had plunged America into the midst of a Great Depression.
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Too many countries wanted to take over. Wanted to be the best and so they ended up having alias and getting countries against each other.
Money, resources, soldiers, allies
He believed in democracy and a government ruled by the people. Even though this was his greatest moment, he didn't want to make himself a king
