Solved

Which of the Following Is NOT a Reason Why Al-Infitah

Question 14

Multiple Choice

Which of the following is NOT a reason why al-Infitah failed to succeed?


A) Foreign investors were wary of investing in the Egyptian economy, thus choosing low-risk investments such as construction of apartment or office buildings and luxury hotels
B) As under Nasser, Egypt faced a costly defense budget and high inflation
C) The IMF loans Sadat relied on demanded highly unpopular cuts to social welfare programs
D) Religious parts of Egyptian society were opposed to capitalism, seeing it as un-Islamic

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents