An assumption with supply-side economic would be "Tax cuts will stimulate the economy "...
Well the main difference was that the South was using slaves while the north were already using machines and the north never used slaves
<span>The name for the catholic reformation that sought to stop the spread of the protestant movement was called the catholic revival. Which lasted from the mid 1500's to the mid 1600's and was a resurgence initiated by the protestant reformation.</span>
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.
Answer: The answer is C pls correct me if i'm wrong
Explanation:
