Most of the Third World/Fourth World debt was incurred in?
AThe colonial period
Bmost debt was incurred during the oil shocks of the 1970s
CThe early 1950s
Dthe early 1960s
Correct answer
B. most debt was incurred during the oil shocks of the 1970s
Explanation
The correct answer is most debt was incurred during the oil shocks of the 1970s.