1973 oil crisis1 Economic crisis which occurs when certain countries stopped exporting oil to the US and UE.
What was the main goal of the Neoliberalism economic theory proposed by the Chicago school?
Apuntes
1973 oil crisis: Economic crisis which occurs when certain countries stopped exporting oil to the US and UE. Neoliberalism: Economic theory proposed by the Chicago school that aims to reduce State intervention in economy. USSR: Communist country that experienced political changes in 1990s. Coup d’etat: Use of force by the government to take power. Kosovan war: Tension in the Balkans flared up again in 1998 when Albanian government start to repress. Schengen agreement: Area of Europe in which border control has been eliminated. It was created in 1985 and fully established in 1995. Iron curtain: Political and ideological border in Europe between communist countries and the rest of Europe. People’s democracies: Communist-led regimes that used the language of democracy built in states aligned with the Soviet Union. Marshall plan: 1949 economic aid program to rebuild European countries. Welfare state: State policy in which the state guarantees citizens access to public services such as healthcare and education. Non-aligned countries: Nations that chose not to formally align themselves with the Eastern or Western bloc during the Cold War. Cold war: A period intense political, ...
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