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In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrupling of world crude oil prices by OPEC. This led the U.S. to use a “Price Control” policy in the domestic energy market. The effects of such policy are explored and well documented....
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Great Depression is an example of a macroeconomic crisis that produced adverse economic and social effects in all spheres of life. Theoretical arguments about the real effects of the Great Depression on education vary. First is economic hardships, which might force individuals eligible to go to...
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