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kifflom [539]
2 years ago
8

Why was OPEC significant

History
2 answers:
Mumz [18]2 years ago
5 0

<em>Why was OPEC significant</em>

<em />

<em>The purpose of OPEC for members is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.</em>

neonofarm [45]2 years ago
4 0

Answer:

OPEC has been gaining steady power and influencing the global oil market since the 1970s when OPEC had ~50% of market share in global crude oil production. High market share has also given OPEC the bargaining power to price oil above what prices would be in a more competitive market.

Explanation:

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Natasha2012 [34]

Answer:

Nativists are against New Immigrants.

Explanation:

The name "nativists" suggests that they are in favor of the natives, and the New Immigrants took the Native's land.

Hope this helps! :)

8 0
3 years ago
Read 2 more answers
Which empire conquered the byzantines and held sway over the middle east for nearly 500 years?
pantera1 [17]

The answer is the Ottoman Empire.

The Ottoman Empire conquered the Byzantine Empire and its capital, Constantinople, in 1453 CE. Since then, the Ottoman Empire remained as a strong power and its sovereignty spanned from the Balkans and Anatolia to the Middle East and all of North-Africa. Since it was an Islamic empire, it influenced strongly in the culture and politics of the Middle East. This empire collapsed with the end of the World War I in 1919, and most of its former territories were divided by the British and the French or formed new nation-states. The Republic of Turkey is the direct heir state of the Ottoman Empire.

4 0
3 years ago
Where was the first president of the American Federation of Labor
Montano1993 [528]
Columbus, Ohio was the first president of the AFL
4 0
3 years ago
According to the passage, what was Lewis Powell's
Nadya [2.5K]

Answer:

B. He was a conspirator to the assassination and was directed to murder the secretary of State.

Explanation:

just answered

3 0
3 years ago
What are three reasons why the glass-steagall act became less and less effective?
ivanzaharov [21]

Answer: The Glass-Steagall Act was no longer preventing activities it was meant to prevent.

Explanation: 1. regulations covered fewer financial instruments as new financial instruments were developed. 2. Financial markets were becoming global, and U.S. regulations controlled only U.S. financial institutions. This reduced the ability of the United States to strictly regulate many financial institutions and 3. There was political pressure to reduce regulations, since people forgot that regulation had successfully controlled past banking problems.

4 0
2 years ago
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