What triggered the oil crisis of the 1970s?

2 answers:

5 0

What triggered the oil crisis in the 70s was the decision taken by oil exporting countries, members of OPEC to stop the export of crude oil to those countries that showed their support for Israel when there were wars with Egypt and Syria in Arab territory.

This as such triggered a deep crisis since the affected countries were the biggest consumers of oil. The crisis as such sharpened the increase in crude oil and markedly reduced economic activities, which negatively affected the development of activities where the use of oil was indispensable.

zheka24 [161]3 years ago

4 0

It was due to <span>the OPEC oil embargo</span>

You might be interested in

What development occurred because of the introduction of street cars in cities?

Alisiya [41]

Answer:

C) development of suburban areas

3 0

3 years ago

Read 2 more answers

Who led the military campaign against the Wichita Twin Villages

klasskru [66]

Diego Ortiz Parrilla was the Spanish Colonel who led the military campaign against the Wichita Twin Villages. Have a good day!!

7 0

4 years ago

A feeling of strong devotion to one's country is called _____.

kkurt [141]

A feeling of strong devotion to one's country is called : nationalism

People with nationalism principle tend to be capable to do anything in order to bring benefit to their country, such as waging war, conquering more territory for the country, etc

hope this helps

5 0

3 years ago

Read 2 more answers

What impact did theodore roosevelt actions have on the government role in the economy?

zvonat [6]

His actions greatly increased the role of the federal government in regulating and monitoring the economy and labor issues. Should be ..

4 0

4 years ago

Which statements describe Axum’s achievements? Choose three correct answers.

Rama09 [41]

Answer:

Axum became the of Christianity Orthodox and written their own language Tigrinya but I'm not sure if

4 0

3 years ago