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Why Did the OPEC Countries Form a Cartel

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Why did the OPEC countries form a cartel?


Definitions:

James-Lange Theory

A theory of emotion proposing that emotions occur as a result of physiological reactions to events, meaning that the bodily response precedes and causes the emotional experience.

Roller Coaster

An amusement ride consisting of a track with steep hills, sharp curves, and sometimes loops, designed to thrill riders.

Emotional Experience

A broad term describing an individual's subjective feelings and reactions to emotions, encompassing both positive and negative emotional states.

Cannon-Bard Theory

A theory of emotion that argues physiological arousal and emotional experience occur simultaneously but independently.

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