37a._Persian_Gulf_WarTDL - 37.ThePersianGulfWar...

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37. The Persian Gulf War Pressures
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Major Themes Collapse of Soviet Union in 1989 Emergence of America as sole superpower Reagan defense buildup Restoration of American economy (deregulation,  tax cuts, and free trade) Illustration of market impact of no spare  capacity Much higher prices  Harbinger of 2003-present
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The Miracle Year East West Confrontation was over Soviet Union busy with ethnic nationalists Germany united, Japan global powerhouse Oil just another commodity Demand growing and conservation slowing Effort to develop alternatives anemic
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The Gulf War Hussein massed troops on border with Kuwait Iraq claimed Kuwait – western imperialists Hussein promised Egypt and Jordan ……. . Troops were to control output UAE and Kuwait Only one country now outside quota –Iraq Iraq largest purchaser of arms – nuclear 
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This note was uploaded on 04/19/2011 for the course EGEE 120 taught by Professor Considine,timothy during the Spring '07 term at Pennsylvania State University, University Park.

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37a._Persian_Gulf_WarTDL - 37.ThePersianGulfWar...

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