WORLD HISTORY

HISTORY

HISTORY OF THE MIDDLE EAST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The cost of the Persian Gulf War to the United states was around $61 billion (in 1992). How was the U.S. able to cover this cost?
A
The U.S. greatly increased taxes on wealthy American citizens.
B
Iraqi soldiers were captured and forced to work to pay the debt.
C
Kuwait, Saudi Arabia, and other Arab states gave the U.S. money.
D
The U.S. forced the Iraqi government cover these costs after the war.
Explanation: 

Detailed explanation-1: -It placed the cost of the war operations in Iraq as of January 1, 2014, at $815 billion out of the total $1.6 trillion approved by Congress since September 2001.

Detailed explanation-2: -Iraq accused the United States and Israel of deliberately weakening Iraq by encouraging Kuwait to reduce oil prices. When Iraq began to threaten Kuwait early in July 1990, the United States staged maneuvers in the Gulf to warn Iraq against taking military action against the United Arab Emirates and Kuwait.

Detailed explanation-3: -Together, allies outside the United States covered more than 80 percent of the war’s cost, estimated by the Department of Defense to be $61.1 billion – about $107 billion in today’s dollars. Under an agreement brokered by Baker, oil-rich states in the Persian Gulf took on most of the cost of the effort.

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