The OPEC oil embargo was an incident during which the 12 OPEC countries stopped exporting oil to the United States. The embargo sent the price of gas through the roof. Prices more than quadrupled from 1973-1974.
<u>Explanation</u>:
- OPEC was founded by Iran, Iraq, Saudi Arabia, Venezuela and Kuwait in 1960 with the main objective of raising oil prices. OPEC had little effect on oil prices but a rise in demand and a fall in U.S. oil production.
- Extracting oil and natural gas has decreased the quantity of the oil that the U.S. has to import, and added employment, investment, and development to the economy.
- The embargo played a role in stagflation. Oil discovery and refining is again a significant US industry.
A, I am Ethiopian and I have done research about the invasion and the leader of the invasion was mussolini
to work long hours at this point
First you have to understand what happened in March 5, 1770 a British soldier got in an argument with a colonist then the soldier struck him, people started to gather and then yell at the soldier call him names and then they started taunting him then other soldiers started shotting people in the crowd instantly 3 people died including a salior Crispus Attucks then two days later 2 more people die. My opinion on the topic is it was sad and tragic that it was all because of an argument that got five people shot and killed.
Answer:
B) True.
Explanation:
America's first government was inadequately prepared and weak for a number of reasons.
Firstly, the U.S. government could not print money, and when they could, the US currency was useless outside of the United States.
Secondly, the U.S. could not impose taxes in a federal level for fear of public outcry, especially as they had just broken away from Great Britain for the very reason of taxes. This meant that the U.S. government had no funds for any governmental actions.
Thirdly, the federal government had no foreign relations powers. Each state individually made trade deals and alliances with different nations, independent on each other.
Fourthly, the U.S. was not able to make good on their war debts and promises to investors, both at home and also foreigners.
