Answer:
3) Saudi Arabia will soon have to begin fracking, leading to protests and further destabilization.
Explanation:
Peak oil theory, propounded by a geophysicist named Marion King Hubert, describes that, conventional sources of crude has either reached or will soon reach their maximum production capacity globally, thus, there will be downward slope; a bell curve shape, in the production capacity by the mid of 21st century.
Hence, the most critical aspect of Peak Oil theory, is that, the world’s oil-based economy, such as Saudi Arabia, will face a critical moments towards the mid of the 21st century, when their production capacity is going down, that is, having a bell curve shape, leading to a form of changes in extraction methods, such as fracking, thereby, leading to protests by the citizens of these areas, and further destabilization of the nations involved, due to negative effects of fracking methods of oil extraction on the air and water quality of the area.
I believe the answer is Gold.
Gold was a very hot commodity at that time because before we use paper/digital money like today, Gold was made as material to make a type of money with more intrinsic value.
The abundance of this natural resources led to many European empire came and started their colonization in AFrica.
Ship owner Charles Booth wanted to disprove socialist claims that one-fourth of Londoners were impoverished. Although he first assumed this was overstated, his 17-volume study eventually showed that the real number was far higher: one-third.
This is further explained below.
<h3>What are politicians?</h3>
Generally, A person who is involved in party politics or who either has or seeks to occupy an elected post in the government is referred to as a politician. Laws that govern the country and, by extension, its inhabitants are proposed, supported, and rejected by politicians, who themselves establish these laws. To use a general definition, a politician is somebody who aspires to hold influential political positions inside a government.
In conclusion, Shipowner Charles Booth set out to disprove the socialists' claims that one-fourth of London's residents were living in poverty. He believed that this was overstated, but the results of his investigation, which were published in 17 volumes, showed that the actual amount was considerably higher, at one-third.
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Scarcity is the fundamental challenge that all individuals and nations must confront. Everyone faces some limitations, so we all have to make choices where we limit or allow ourselves to something.
Economists generally recognize four types of economic systems traditional, traditional, command, market and mixed.
A traditional economic system is shaped by tradition. The work that people do, the goods and services they provide, how they exchange resources… all tend to follow a pattern. The traditional system is bad at addressing scarcity because scarcity is formed off of new requirements people have through the ages and a traditional system would not evolve just as our requirements would.
In a planned economy, the government controls the economy. The state decides how to use and distribute resources. The government regulates prices and wages; it may even determine what sorts of work individuals do.
Socialism is a prime example of a planned economy. Socialism does not work because it is not consistent with the fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.
Market economies allow all economic decisions to be made by individuals. The unrestrained interactions between individuals and companies in the marketplace determine what happens to all the good and resources.Individuals choose how to invest their personal resources and individuals decide what to consume. Within a pure market economy, the government is entirely absent from economic affairs.
A mixed economic system combines elements of the market and command economy. Many economic decisions are made in the market by individuals. But the government also plays a role in the allocation and distribution of resources.
If scarcity is looked at on a macro level, the best economic system is mixed because it allows the government to also plays a role in the allocation and distribution of resources, while the individuals still stay happy because they have some control. The only problem is the eternal question of what the right mix between the public and private sectors of the economy should be.
There is no point to look at it on a micro level because almost no country is small enough to be considered on that level.
Answer:
Babylonians used the Cuneiform system of writing. They borrowed it from the Sumerians and used it for government and religious purposes. For government purposes they used Akkadian and for religious purposes they used Sumerian.
Explanation:
Hopefully this helped, if not HMU and I will get u a better answer.
<em>-Have a great day! :)</em>
