Question 3
1 pts
Tongass Timber Reform Act of 1990 kept the 50-year contracts, but ended the annual $40 million
special appropriation for lease sales, and removed the 4.5 billion board feet a decade harvest target.
As a result, what happened to the timber industry.
The timber industry was partially crippled but later thrived again with the help of federal funding.
The passing of the act resulted in serious economic consequences which resulted in pulp mills closing.
The timber industry found new funding through foreign investors and continued to profit.
The passing of the act resulted in positive economic consequences which resulted in pulp mills expanding.

The passing of the act resulted in serious economic consequences which resulted in pulp mills closing.

Explanation:

The Timber Tongass Reform Law generated a set of guidelines on the exploitation of wood, by lumber companies in the Tongass National Forest. this law canceled a high economic subsidy that the woods received annually, which generated a serious economic crisis in the sector and caused the timber companies and the pulp mills to close, increasing unemployment in the region in a very high way.

Over time and in the face of the economic crisis, the government decided to provide financing for these industries, this helped, but it was not enough to stabilize the lumber sector.

b) the bill goes to the president.

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