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.
The correct answer would be : b. the Philippines
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Answer:
Hunter gatherers often migrate when food is scarce
Explanation:
They use mobility as a survival strategy,as recently as 1500 C.E., there are still Hunter gatherers throughout parts of America.
Answer: Unalienable Rights
Explanation:
Well they both helped to modernize/industrialize the U.S, so it depends which view point you would like to take. They stole the plans from england, who had successfully monopolized industrialization for almost a century, who would be upset at this loss of control and therefore business. However an American would probably be thankful for the industry that blossomed as a result of these actions.