PLEASE HELP ME i’ll give the second and third one once someone can help me with the first one! thank you! Quotation #1:
"If in order to avoid further Communist expansion in Asia
and particularly in Indo-China, if in order to avoid it we must take the risk by putting American boys in, I believe that the executive branch of the government has to take the politically unpopular position of facing up to it and doing it, and I personally would support such a decision."
- Future president Richard Nixon, 1954
Hawk or dove?
Main idea of the quotation:
Your opinion/analysis:

answer: the risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

explanation:

the outcome of 1970 oil crisis in united states was that, they began to search ways on how to reduce oil.

in 1970 was a period when there were energy and oil crisis. those who were major centers for industrialization were forced to keep way from supplying of petroleum.

some of the result of this crisis was economic growth became stagnant because prices of oil surged.

due to the increased prices some countries like mexico and norway benefited.