strength i hope i helped ;-;
The right answer is A) Government loans gave the oil industry a second chance to boom
The first oil shock began in October 1973, when OPEC member Arab countries embargoed oil supplies to the United States, Japan, and Western Europe in retaliation for the occupation of Palestinian territories by the Israelis during the Yom Kippur War. The embargo forced some European countries and Japan to ration energy and led the world into recession. With the deficit in the supply of this commodity the American government intervened and fomented the economy so that it could survive the crisis that was instated and Texas petroleum became an improvised exit.
I literally can’t understand you rewrite the question
<span>The modern American economy traces its roots to the quest of European settlers for economic gain in the 16th, 17th, and 18th centuries. The New World then progressed from a marginally successful colonial economy to a small, independent farming economy and, eventually, to a highly complex industrial economy.
During this evolution, the United States developed ever more complex institutions to match its growth. And while government involvement in the economy has been a consistent theme, the extent of that involvement generally has increased.</span>
Answer:
see explanation below
Explanation:
The Mining Boom: 1879 – 1893 In 1879 the first prospectors arrived in what would soon become Aspen and determined the area contained large deposits of silver ore. For the next 14 years Aspen’s fortunes rose as it eventually produced 1/6th of the nation’s and 1/16th of the world’s silver. A town often becomes a ghost town because the economic activity that supported it has failed, or due to natural or human-caused disasters such as floods, prolonged droughts, government actions, uncontrolled lawlessness, war, pollution, or nuclear disasters. Boomtowns are typically extremely dependent on the single activity or resource that is causing the boom (e.g., one or more nearby mines, mills, or resorts), and when the resources are depleted or the resource economy undergoes a "bust" (e.g., catastrophic resource price collapse), boomtowns can often decrease in size as fast as they initially grew
