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
Debora [2.8K]
2 years ago
14

What did the oil embargo reveal about the american economy in the 1970s?.

History
1 answer:
Nimfa-mama [501]2 years ago
8 0

Answer:

The price of oil per barrel first doubled, then quadrupled, imposing skyrocketing costs on consumers and structural challenges to the stability of whole national economies.

Explanation:

You might be interested in
( 20 Points)
PilotLPTM [1.2K]
India traded throughout the Indian Ocean Basin, but once _________ began to control the area, both Asian and Arab merchants were forced to pay protection
money so their cargo would not be seized.

Portugal

7 0
3 years ago
Read 2 more answers
Industrialization in the Northeast produced great benefits and also major problems. What were they? Who benefited and who suffer
bixtya [17]

1. The benefits of the industrialization in the Northeast can be mostly seen in the modernization of the region, as well as in the economic growth. This region of America was the one that was the most in touch with the newest technologies that were developing in Europe, thus it was more advanced technologically than the others. This led to rapid economic growth through the industry, making its economy relatively strong. The main problems were that the workers were having low wages, worked too much hours, and lived in terrible conditions, as well as the rapid urbanization that led to of problems in the housing department and all the basic needs for living, since it was rushed and not well planned.

2. Unfortunately, it was not everyone that had benefit from the economic growth of the region. The company owners, large land owners, bankers, all had huge benefit of it, and they became very powerful and rich, but they represented only a small fraction of the population. The majority of the population was struggling and lived in terrible conditions, with the poverty rates being very high despite the constant economic growth.

3. It is hard to tell did the benefits or the problems outweigh in this situation. From one side, the economy was growing stronger, and the region was modernized, which on the long run gave it big advantage in its development and became one of the most important places in the world. On the other side, the majority of the people didn't really saw anything from this modernization and economic development, but instead lived in bad conditions, and took quite some time for their standard of living to became descent.

8 0
3 years ago
A major reason why the renaissance began in northern italy was the
igor_vitrenko [27]
The correct answer is c.
5 0
3 years ago
Explain how the committees demonstrate a division of labor in congress based on specialization.
mixas84 [53]
Memberships by experience and qualification

The committees membership is allotted in line with the legislatures qualifications as well as experience in particular fields . There are various committees in the congress such as defense,health,foreign affairs and finance.
4 0
3 years ago
In which era does the Trail of Tears belong?
hjlf

The term "Trail of Tears" refers to the difficult journeys that the Five Civilized Tribes took during their forced removal from the southeast during the 1830s and 1840s. The Cherokee, Creek, Choctaw, Chickasaw, and Seminole were all marched out of their ancestral lands to Indian Territory, or present Oklahoma.

6 0
3 years ago
Other questions:
  • All of the following items at one time or taxed by the British except for
    5·1 answer
  • 100 POINTS!!!! ASAP!!!!
    7·2 answers
  • Please gimme the answer
    15·1 answer
  • Why did Eisenhower send federal troops to Central High School in Arkansas?
    12·2 answers
  • A method that allows the citizens to act on a bill proposed by the legislature is called the:
    9·1 answer
  • Why did the Roman Republic create a system of checks and balances?
    11·2 answers
  • What does it mean to live in a democratic nation?
    6·1 answer
  • What is the definition of Lusitania?
    7·2 answers
  • History
    15·1 answer
  • In which of these ways is Islam similar to both Christianity and Judaism?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!