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Economically, Iran Has Been Described as Having the Potential to Suffer

question 45

Multiple Choice

Economically, Iran has been described as having the potential to suffer from the "__________ disease" as a result of its reliance on a single industry: oil.


Definitions:

American Economy

The economic system of the United States, characterized by a mixed economy that includes private freedom combined with centralized economic planning and government regulation.

Urbanization

The process by which towns and cities are formed and become larger as more people begin living and working in central areas, leading to various social, economic, and environmental changes.

Know-Nothing Party

Nativist, anti-Catholic third party organized in 1854 in reaction to large-scale German and Irish immigration; the party’s only presidential candidate was Millard Fillmore in 1856.

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