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What crisis significantly affected Zambia during Kaunda's presidency?

  • 1973 oil crisis

  • 1987 stock market crash

  • 1990 tech bubble

  • 1983 gold rush

Answer

The 1973 oil crisis had a significant impact on Zambia during Kaunda's presidency. The crisis led to a sharp increase in oil prices, which put a strain on Zambia's economy. Zambia was heavily dependent on imported oil, and the increased costs made it difficult for the country to meet its energy needs.
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