How were many economies damaged in the late 1990s?

A) The technology stock speculation in companies that were not as advanced or profitable enough to sustain caused a crash.
B) East Asian markets collapsed, due to many foreign investors squabbling over industry issues.
C) The disruption of the economy due to the African civil wars had a worldwide impact.
D) Lack of confidence in the new U.S. president's fiscal policies had a worldwide effect.
E) Loosened currency controls and advanced technology allowed money to rush across the world in seconds, damaging economies with international speculators.


E

History

You might also like to view...

The Carter administration responded to the Soviet invasion of Afghanistan with which of the following measures?

A) halting most trade with the West Germans B) withdrawing the SALT II treaty from Senate consideration C) expelling the Russian ambassador from the United States D) organizing a boycott of the 1984 Olympics

History

The Ptolemaic view of the universe argued that

A. the planets were imperfect and material. B. the imperfect, motionless earth was in a state of constant change at the center of the universe. C. heavenly bodies, composed of a crystalline substance, resided in concentric spheres that moved in circular orbits around the moon. D. God and all the saved souls resided in the Empyrean Heaven that lay beyond the innermost, or tenth, sphere. E. God and the saved souls were at the center of the universe.

History

In the mid-seventh century, all of the following areas fell to the Muslim conquest except ______________.

A. Syria B. Persia C. Egypt D. Constantinople E. Palestine

History

The Fair Labor Standards Act

a. established a minimum wage and a maximum workweek. b. authorized unions to bargain collectively. c. guaranteed workers the right to strike. d. provided protection for farm laborers.

History