The right answer is A) Government loans gave the oil industry a second chance to boom
The first oil shock began in October 1973, when OPEC member Arab countries embargoed oil supplies to the United States, Japan, and Western Europe in retaliation for the occupation of Palestinian territories by the Israelis during the Yom Kippur War. The embargo forced some European countries and Japan to ration energy and led the world into recession. With the deficit in the supply of this commodity the American government intervened and fomented the economy so that it could survive the crisis that was instated and Texas petroleum became an improvised exit.
The "New Immigration" to the United States in the late-nineteenth century refers to the increased numbers of people arriving from?
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Answer - Southern Europe.</span>
Answer:
The failure of the United States to enter a "Golden Age" after Johnson's 1964 victory and the passage of the Civil Rights Act was the Vietnam War.
Explanation:
The war in Vietnam was the longest in American history. It was an experience of failure and frustration for the country, constituting, without a doubt, the most serious failure of the United States in the Cold War.
There was a curious discrepancy in the external environment, where this war was a huge defeat for the country, and the internal environment, where the passage of the Civil Rights Act implied a social progress never seen before in the history of the United States.