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.
Answer:
One of the things that motivated American Imperialism is economic. During that time, the US was already gaining industrial power, which means that they were trying to find new markets to sell their goods. Another motive that led to imperialism was military power.
Explanation:
<span>The american electorate began seriously to question the competence of the bush administration as a result of
mismanagement </span>
of the government's response to Hurricane Katrina.
Hurricane Katrina hit
the Gulf Coast on August 29, 2005 with sustained winds of 125 mph. It damaged
an estimated $100 B in properties and approximately 1000 people lost their
lives.
Hurricane Katrina badly blemished George W. Bush's reputation.
His administration failed to timely and efficiently deal with the calamity.
<span />
The Puritans also influenced the economic well-being of the colonies by ... One particular value held by the Puritans that can still be seen today is their sense of religious ... as collective, self-government within each community or settlement. ... Their belief in self-government gave them local control over both
