The correct answer are <em>C) Countries traded with other oil-producing nations, and D) Nations stopped building automobiles for a while.
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The OPEC oil embargo completely stopped the exports of oil to the United States. The decision was taken by the 12 members of OPEC on October 19, 1973, in retaliation for the U.S. decision to re-supply the Army of Israel. What happened then was that <u>oil prices quadrupled</u> in the subsequent months. The embargo ended in March 1974.
After the embargo, the United States set in motion measures to conserve and develop domestic energy sources. The government created the <u>Strategic Petroleum Reserve</u> and limited the speed in highways to 55-miles-per-hour.
The presidential election fund was created in 1971 to provide <u>fund for presidential primary campaigns and national party conventions</u>.
<u>Explanation</u>:
Federal Election Campaign Act of 1971 was passed by the federal government of United States of America. This act was created to fund the presidential primary campaigns and national party conventions.
The government thought that this funding scheme can reduce the dependency of the government representatives on the donation from the private sectors. By doing this, the influence of large corporation and private sectors in the election can be reduced.
First goes 2, 3, 1 and lastly goes 4
