Approximately How Many Financial Crises Have Occurred in the World

question 37

Multiple Choice

Approximately how many financial crises have occurred in the world since the demise of the Bretton Woods system?

• A) 7
• B) 34
• C) 71
• D) 147

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Definitions:

Fault Zone

An area of multiple fractures or breaks in the Earth's crust caused by tectonic forces, associated with earthquakes and volcanic activity.

Unconformity

A geological feature that represents a break or gap in the Earth's sedimentary record, often caused by periods of erosion or lack of deposition before more sediment is laid down.

Petroleum

A liquid mixture of hydrocarbons present in certain rock strata, used primarily as a fuel source.

Oil and Gas

Natural resources found beneath the Earth's surface, used as crucial energy sources and raw materials in various industries.