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.
<span>Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct response would be the one having to do with "customer support centers for American companies" being based overseas, since this shows the extent of corporate and national interconnectedness. </span></span>
I have already answered this question on another brainly question an the answer is that the president doesn't have the power to declare war
Yes it's true that the 13th Amendment abolished slavery in 1865 at the end of the Civil War.
Generally speaking, the United States intervened in Latin American countries in the early 1900s to "<span>c. protect American lives and investments," since the Us was concerned about European encroachment in the region. </span>
