It meant that fewer jobs were available and caused high unemployment rates.
The OPEC also known as the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo in the 1972. This was a result of US' support for the Israel during the Yom Kippur War. The embargo caused oil prices to rise fro dollars a barrel to near 12 dollars globally. It gave rise for US to develop its own oil generating capacity to sustain its energy sources.
B since the original definition is loyalty or commitment to a group or an individual that is Superior
Correct answer choice is:
A) Two cobblers in town control the shoe making business.
Explanation:
An oligopoly is a business structure in which a few companies or organizations control. When a business is distributed between a few firms, it is said to be extremely intensive. Although just a few firms control, it is probable that many small firms may also perform in the market. The auto industry is another example of an oligopoly.
Answer:
An authoritarian society is one in which a single person or small group of people have political control. Food and resources are shifted to the upper classes.
Explanation:
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