The Policy Reforms That Helped End the Crisis of the 1980s

question 32

Multiple Choice

The policy reforms that helped end the crisis of the 1980s included all the following EXCEPT

• A) nationalization of key industries.
• B) raising taxes.
• C) debt reduction.
• D) reductions in government spending.
• E) opening the economy to more trade and foreign investment.

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Definitions:

Timber Output

Refers to the production volume of timber, including both raw and processed wood materials.

Regional Rail

A passenger rail service that operates between different regions within a country, offering medium to long-distance travel options.

Annual

Occurring once every year.

Plains Droughts

Long periods of abnormally low rainfall, especially prevalent in the Great Plains of the United States, leading to severe water shortages and agricultural difficulties.