Answer:
The spike in price caused fuel shortages and long lines at gas stations similar to the 1973 oil crisis. ... Iraq's oil production also dropped significantly, triggering economic recessions worldwide. Oil prices did not return to pre-crisis levels until the mid-1980s.
- large farm lands
- rich company’s wanting more money
- suppliers needing more product
Answer:
The economy of the Soviet Union was based on a system of state ownership of the means of production, collective farming, industrial manufacturing and centralized administrative planning. The Soviet economy was characterized by state control of investment, a dependence on natural resources, shortages, public ownership of industrial assets, macroeconomic stability, negligible unemployment, high growth rates and high job security.
Explanation:
