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.
The answer is farmers, because if you think about it, it kinda sounds like an agricultural term. I promise that I know the answer, and if I'm wrong, then you can sue me. I have a 100% in Advanced Social Studies.
Answer:
They wanted King William and Queen Mary to accept the bill of rights so that the people would be more in control of the government and have rights. Another reason is so that a future monarch could not rule cruelly over the people. The bill of rights kept the monarch in check.
Explanation:
Spain France England Portugal
The correct answer is B. Privatization
Explanation:
The term "privatization" refers to the process that implies moving services or similar from public or government to the private section. This implies services formerly provided by the government are transferred to private businesses that are in charge of providing the same services. This occurs in sectors such as education or prison management in which the state decides to pay to private companies or entities to provide services that are in charge of the government. This term is the opposite of "nationalization" in which private services or sector become public. Considering this, the one that occurs when private businesses are allowed to supply services that government provided is privatization.
