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:
this is what I found: "Frontier areas may be defined at the community level by county, ZIP code or census tract; however, they are most often delineated by county. Many frontier counties are located in the West, a part of the country where individual counties tend to cover a large geographic"
I'm not too sure if that means it's TRUE or false tho. I'm sorry
Answer:
At the Paris Peace Conference, President Wilson argued that Germany should be forced to pay reparations to the Allies.
Explanation:
The Pariz Peace Conference of 1919 was a conclave in which the victorious powers of World War I met to outline the conditions under which the peace that would conclude said conflict would be signed. These four nations were America, Britain, France and Italy, who had different positions, ambitions and requirements.
Of all these nations, America, represented by President Wilson, was the one seeking a more just and lasting peace. Thus, although it identified Germany as the aggressor nation and condemned it to pay the corresponding war reparations, it did not seek the total dismantling of the economic and productive capacity of Germany, as if it were done by France, Italy and to a lesser extent Britain, who saw Germany as a threat to their own interests and sought, in addition to paying reparations, other types of harsher sanctions.
Answer:
$ 421,000
Explanation:
Gross Profit = $ 701,800 - $ 280,800 = $ 421,000