is there a little bit of more information
The right answer is A) Government loans gave the oil industry a second chance to boom
The first oil shock began in October 1973, when OPEC member Arab countries embargoed oil supplies to the United States, Japan, and Western Europe in retaliation for the occupation of Palestinian territories by the Israelis during the Yom Kippur War. The embargo forced some European countries and Japan to ration energy and led the world into recession. With the deficit in the supply of this commodity the American government intervened and fomented the economy so that it could survive the crisis that was instated and Texas petroleum became an improvised exit.
Answer:best answer to me is A
Explanation:
Answer:In the years after World War II, the United States was guided generally by containment the policy of keeping communism from spreading beyond the countries already under its influence. The policy applied to a world divided by the Cold War, a struggle between the United States and the Soviet Union.
Explanation:
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