Solved

Which Political Act Played a Significant Role in Compounding the Economic

Question 21

Multiple Choice

Which political act played a significant role in compounding the economic stagnation of Western Europe in the early 1970s?


A) the rapid expansion of state-run economies in Eastern Europe
B) the oil embargo staged by the Organization of Petroleum Exporting Countries (OPEC) in 1973
C) the failure of Britain's devaluation of its currency in 1967 to produce a new wave of growth
D) the sudden reversal of West Germany's industrial "economic miracle"
E) the global recession caused by the near collapse of the Japanese economy

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