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ahrayia [7]
3 years ago
11

How did the 1979 oil shock affect the US economy?

History
2 answers:
uranmaximum [27]3 years ago
8 0

The correct answer is: " It caused inflation to rise and the economy to slow".

The 1979 oil stock consisted on a large increase in oil prices, which affected many industries where oil was the principal energy source. As the resources used in production processes became more expensive, so did the final products generated. This inflation slowed down economic growth as people started to demand a lower amount of the more expensive products, aggregate demand levels dropped and so did employment levels.

erica [24]3 years ago
5 0
It caused inflation to rise and the economy to slow.
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How did the government’s policy of laissez-faire contributed to the growth of the American Economy
finlep [7]

Answer:

Laissez faire works best for economic growth because it provides individuals with the greatest incentive to create wealth. ... Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system

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2 years ago
Describe how the Rosetta Stone was found. What is the importance of the Rosetta Stone? (Site 1)
noname [10]
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How did the Cold War affect life in the 1950s?
VMariaS [17]

Answer:

c)Fear of the atomic bomb combined with prosperity made it a time of

contrasting emotions

Explanation:

Here is a quote from my online textbook [(https://online.vitalsource.com/#/books/0077024125/cfi/6/1336!/4/2/2/[email protected]:1.57) United States History and Geography by McGrall Hill Education, on page 622]

"the country was enjoying postwar prosperity and optimism. That spirit, combined with McCarthyism, fears of Communist infiltration, and the threat of atomic attack, made the early 1950s a time of contrasts. As the 1952 election approached, Americans were looking for someone or something that would make them feel more secure."

I also took this quiz and got the answer right. Hope this helps!

4 0
3 years ago
Read 2 more answers
Two of johnson's great legislative accomplishments were:_____.
aleksandrvk [35]

Two of johnson's great legislative accomplishments were: c. civil rights Act.

After taking office, he won significant tax cuts, the Clean Air Act, and the passage of the Civil Rights Act of 1964. After the 1964 election, Johnson passed even broader reforms. The 1965 Social Security Reform created two state health care programs: Medicare and Medicaid.

This pivotal act was followed by the Higher Education Act of 1965, which increased federal funding for colleges and universities, created student scholarships and soft loans, and placed teachers in impoverished areas of the United States. A National Teachers Association was established for the state.

Learn more about civil rights Act. here: brainly.com/question/10584148

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3 0
1 year ago
How did physical geography impact the event shown on the map above
ivann1987 [24]

Answer: С . The city's riverside location allowed American and French forces to surround the British

Explanation:

There is no map attached however this should be the correct answer.

Based on the options, this question references the Battle of Yorktown of the American Revolution where the combined American and French forces obtained a resounding victory over the British and effectively ended the war.

The British had been trapped in Yorktown because it was on a peninsula which meant it had a large riverside. The land access to Yorktown was blocked and this was their only escape route not on the sea. With the use of a French fleet to block the British by water, their encirclement was complete.

8 0
2 years ago
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