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Andru [333]
3 years ago
15

How did the oil embargo in the 1970s affect the US economy?

History
2 answers:
aliina [53]3 years ago
8 0

Answer:

1 The rise in gasoline prices contributed to inflation.

Explanation:

The rise in gasoline prices contributed to inflation. The U.S. economy  had grown dependent on foreign oil. The price of oil per barrel first doubled, then quadrupled,  skyrocketing the costs on consumers and structural challenges to the stability of whole national economies.

IgorLugansk [536]3 years ago
7 0

Answer:

I'm sorry I'm late. But I think the answer is

D.The lower prices for gasoline meant people had more money to spend.

Explanation:

Hope this helps and hope the people who need the answer will pass! :)

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Which industries helped Texas recover from the postwar depression?
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Manufacturing Industries

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In 3 sentences, explain the advantages and disadvantages of the Continental Army during the American Revolution. will give the b
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2 years ago
Southern cities grew more slowly than Northern cities, where railways were major routes of commerce and settlement.
Keith_Richards [23]

Answer:

True

Explanation:

The North was more industrialized than the south. The Industrial revolution helped America pave way for its future in industries and factories. Southern white farmers rejected these ideas as they were already extremely happy with the crops they had grown with Slaves and Slavery in the south.

                                                <em>         Side note:</em>

  • There was a saying in Europe and parts of the world which said that a man will be less and less attached to their religion and wont take it greatly into account when doing something if they work in factories. That would make sense. In the south, where today it is a Republican stronghold, as there were less factories, they were more connected to religion. There were mainly White Christians in the area and as they didn't work in factories, this statement makes sense. That's why the Democratic party was a big hit not only in the south, but also in parts of the north as they believed in Christian traditions and faith, not Factories. Finally, when the switch of parties occurred in the 1960s and 1970s, the Republicans became more conservative and Religious while the Democrats became more liberal and ethnically open.

So as a final Answer, i believe that it is True.

7 0
3 years ago
How were the European systems of mercantilism and capitalism similar during the 18th and 19th century
Grace [21]

How were the European systems of mercantilism and capitalism similar during the 18th and 19th century

APEX ANSWER

Both systems greatly increased Europeans' total wealth

5 0
3 years ago
Read 2 more answers
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