1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna71 [15]
3 years ago
5

Why was the Organization of Petroleum Exporting Countries (OPEC) formed? Ato increase oil prices by controlling global supply to

ensure a steady supply of oil for the United States to make industrial nations more dependent on the use of oil
History
1 answer:
Ber [7]3 years ago
6 0

Answer: To increase oil prices by controlling global supply

Explanation:

The Organization of Petroleum Exporting Countries (OPEC) was formed when some oil producing countries decided that it would be best to form a cartel that would dictate the supply of oil and in effect the price as well.

By forming a cartel, they would have more control over what price to charge other nations which would allow for more revenue to come into these countries. OPEC also uses its influence to impart global issues as they once refused to sell oil to western nations unless those nations criticized and restricted support for Israel.

You might be interested in
The Hepburn act of 1906 strengthened the power of which organization?
Georgia [21]

Answer:

Interstate Commerce Commission

Explanation:

The Hepburn Act of 1906. managed to strengthen the power of the Interstate Commerce Commission, giving them the power to control the prices of railroads and setting them to maximum rates.

<u>The companies were affected by this, as they had to accept the conditions ICC would make unless they wanted to challenge it in the court. </u>

ICC could also have a look into the records, which was impossible beforehand, which made the bookkeeping system easier and more accessible.

4 0
4 years ago
Why did French colonies have trouble attracting new French colonists
madam [21]
<span>Potential colonists didn't want to do the hard work of clearing land and feared Native American raids.
i would think because ive had this on a test before</span>
5 0
3 years ago
How do intergovernmental organizations (IGOS) differ from nongovernmental
svetlana [45]

The intergovernmental organizations (IGOS) differ from nongovernmental organizations (NGOs) in the manner that  IGOS provide humanitarian aid to countries around the world. Thus Option (A) is correct.

<h3>What is  Intergovernmental organizations?</h3>

An IGO is a group made up largely of other international bodies or sovereign nations. IGOs are created by a treaty or other agreement that serves as the group's charter.

The European Union, the World Bank, and the United Nations are a few examples.

The international Organization provides help to worldwide to its member nations whereas The Non-governmental organization provides helps to the people of the particular nation.

Thus Option (A) is correct.

Learn more about  intergovernmental organizations here:

brainly.com/question/12813994

#SPJ1

4 0
2 years ago
The land promised to Abraham was called...
serg [7]

Answer:

NO. it's the land of Canaan.

Explanation:

7 0
3 years ago
Which of the following groups opposed the Civil War? Union women Republicans Copperheads enslaved people
aliina [53]

Answer:

I believe it is C) Copperheads

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • The .... is the name of the most widely used measure of the stock market's health
    6·1 answer
  • The chief of state in great Britain in the last half of the 19th century was
    8·2 answers
  • What caused the largest single migration of Americans moving west?
    9·1 answer
  • The factory act of 1833called for ?​
    7·1 answer
  • Which of the following was part of the great Awakening?
    7·1 answer
  • Recall this list of Cold War leaders that you researched in the previous task: Ronald Reagan Dwight D. Eisenhower Margaret Thatc
    12·1 answer
  • Please help me! The question is in the image.
    8·1 answer
  • Describe one political effect of industrialization in nineteenth-century Europe
    11·1 answer
  • Which is NOT a political system?<br> Oligarchy<br> Theocracy<br> Democracy<br> Autocracy
    6·1 answer
  • What was the purpose of this amendment?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!