How have the policies of the Organization of Petroleum Exporting Countries (OPEC) affected the American economy?

Answers

Answer 1

Answer:

The OPEC oil embargo was an event where the 12 countries that made up OPEC stopped selling oil to the United States. The embargo sent gas prices through the roof. Between 1973-1974, prices more than quadrupled. In response to the oil crisis, the United States took steps to become increasingly energy independent.

Explanation:


Related Questions

How did Hoover and Roosevelt differ in their response to the Great Depression?

Answers

Answer:

Herbert Hoover was under the impression that the stock market crash of 1929 was a simple market correction, that it would go away if everybody just acted like everything was normal, and that markets simply do these things from time to time. Billboards circa 1930 with the blurb "Wasn't the depression terrible?" kind of summed up his tone-deaf approach to massive unemployment and runs on banks. He honestly believed that government intervention was not the answer.

By the time Roosevelt took office in 1933, he understood that no quick solutions were to be had. He did start a lot of public works projects, like the Works Projects Administration (which gave a lot of people short-term employment teaching, painting post office murals, and cleaning up public lands) and the Tennessee Valley Authority (which put a lot of broke farmers to work putting a utilities infrastructure in place in parts of the South, putting the pieces of a post-agricultural economy in place).

He also instituted several "bank holidays" to discourage panic-driven depositors from taking all their money out of their banks. Austerity became the new normal in America and stayed that way until the US entered World War II.

Explanation:

its a bit long but hope it helps

What did Martin Luther King Jr. ask President Johnson for help with?

Answers

Answer: President Johnson's five years in office brought about critical civil rights legislation and innovative anti- poverty programs through his Great Society initiative


HOPE ITS HELPFUL :)

Which immigrant groups to were used to build the railroads

Answers

The major groups of immigrants that worked on the transcontinental railroad were from Ireland and China.

In what ways did human societies forever change after the Neolithic
Revolution?
A. Societies became sedentary and unequal social classes emerged
B. Societies became nomadic and unequal social classes ended
C. Societies became divided and religion gave way to atheism
D. Societies became more peaceful and learned to speak one
language

Answers

Answer:

Societies became sedentary and unequal social classes emerged

Other Questions
Young George, however, did not yield himselfTo nourish the false hunger of a ghostThat made no good return. He saw too much:The accumulated wisdom of his yearsHad so conclusively made plain to himThe permanent profusion of a worldWhere everybody might have everythingTo do, and almost everything to eat,That he was jubilantly satisfiedAnd all unthwarted by adversity.What is young Georges attitude toward life in this excerpt? Select all that apply.The world is a place of unlimited opportunities.The world is a place of abundance.The world is a difficult place and must be approached with caution.The world is an empty place with ghostly presences. URGENT!! PLS HELP 16 students are competing an art contest in how many different ways can students finish first second and third Who was the Republican nominee in 1972 For what purpose were oracle bones used?A. to predict the futureB. to keep farming recordsC. to keep children entertainedD. to communicate with the kings of other nationsits A What is the theme?Grant Malvern was a superstar high school athlete from a small town where football was revered.of this town placed a high value on victories. So a top performer like Grant was given privileges andexceptions. Grant did not have to struggle his way through rigorous courses in high school. He attendedspecial study sessions with teammates where they mainly studied football. To the surprise of few, Grant wasgiven a full ride to a reputable university based on his athletic prowess. Yet Grant was not prepared for thisnew experience. He expected the university to make special exceptions for him as his high school had. Whilehe did receive quite a few exceptions, it was not enough to compensate for how underprepared he was.Despite many good faith interventions by the university, Grant failed to get it together. He lost hisscholarship, and dropped out after his freshman year. PWEASE HELP ILL GIVE BRAINLIEST Rhona decided to buy a larger 1 1/4 pound package of baking flour rather than a 5/8 pound package. How much heavier is a larger package than a smaller one? Describe how mutations and meiosis lead to variation within a population and the roleof variation in the speciation of the tortoises how many solutions does this graph have? PLEASE HELP I need help bad 66. Which of the following results of correlationalstudies implies that environment contributes tothe determination of IQ?(A) Correlations are higher for identical twinsthan for fraternal twins.(B) Correlations are higher for children and theirbiological parents than for children and theiradoptive parents.(C) Correlations are higher for parents and theirchildren than for husbands and wives.(D) Correlations for two children in the samefamily are lower when one of the children isadopted than when both are the biologicaloffspring of the parents.(E) Correlations for children and their adoptiveparents are statistically significant andpositive. The relationship between the length and weight of certain sea turtles can be approximated by the equation L = 0,55 W,where L is the length in feet and W is the weight in pounds. If a sea turtle is 2.5 feet long, which is closest to its weight? Businesses create production possibilities charts in order to visualize:A. the profits expected from using different production strategies.B. changes in productivity for different parts of the business overtime.C. options for producing multiple products in different quantities,D. the risk of suffering losses when producing different products. What is happening in this picture?Constant water flow has caused the rocks to fall down the hillside.Wind blew the rocks over the edge of the hillside.Rocks have been thrown over the side of the hill and landed at the bottom.Gravity has caused the rocks to fall down the hillside.Rock Slide on Hillside Describe how the patients insurance eligibility is confirmed What type of reaction occurs without the addition of heat? If you have 5.6 grams of a radioactive isotope with a half-life of 150 years:How much of the isotope will you have left after 750 years? What would a pro-slavery (for slavery) settler in Kansas argue to justifiy their actions after the passing of theKansas-Nebraska Act?Pls help plsssss plssss if you know french help me. im failing and this is my last page, this packet is worth %50 of my grade I'm begging balance this equation: AsCl3(aq) +__H2S (aq)--> __As2S3(s) + ___HCl (aq) (3,5) and (9,10) find the slope that passes through the given points !UWAGA MAM PRACE NA JUTRO! czy moe mi kto podzieli na czci mowy takie zdanie: "Niezwykle sympatyczna gospodyni domowa kupia wczoraj dwa ogromne arbuzy w sklepie spoywczym" wiecie chodzi o to e np. Przydawka m, lp co takiego Pozdrawiam:)