The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War.[1] The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States with the embargo also later extended to Portugal, Rhodesia and South Africa. By the end of the embargo in March 1974,[2] the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher. The embargo caused an oil crisis, or "shock", with many short- and long-term effects on global politics and the global economy.[3] It was later called the "first oil shock", followed by the 1979 oil crisis, termed the "second oil shock."
Coup
D’eta is the economic doctrine that opposes government regulation of the
economy
Perestroika
is a Russian governmental reform on 1980 by Mikhail Gobrachev
Laissez-faire
are business operating with little governmental interference
<span>Glasnost
is a Soviet policy related to freedom of information</span>
Answer:
C and E
Explanation:
I click on it and got it correct
I wish i knew, this is a good question to ask on a test
