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The OPEC oil embargo.
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∙ 10y ago
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what is the dictionary definition for the Texas energy crisis?
An energy crisis is a shortfall in or interruption to the provision of energy supplies. The Texas energy crisis was caused by oil shortages in the 1970s.
What did keynesian economics fail to deal with successfully with?
High inflation during the 1970s. This is the correct Gradpoint/Novanet answer. ~Chris
Who triggered the Moroccan crisis?
Someone................:)
What issue triggered the argument over nullification?
nullification crisis
Which was a major cause of the energy crisis in the early 1970s?
OPEC refused to sell oil to the United States The OPEC embargo on oil sales to countries supporting Israel The conflict over Israel
Why did the oil exporting countries form OPEC and what effects did the subsequent rise in oil prices in the 1970s have on the Third World?
the oil exporting countries of the middle east formed OPEC in 1960 because of the Suez crisis and the oil prices rose as production decreased
What is the richest resource in Iran?
Iran has capital resources that include oil. In addition, you can find this out by past historical subjects that include the oil crisis of America during the 1970s.
What spurned the creation of the Department of Energy's Aquatic Species Program?
The Department of Energy's Aquatic Species Program was created in response to the energy crisis in the 1970s to research and develop biofuels as an alternative energy source. The program focused on exploring the potential of algae as a source of renewable energy due to its high lipid content and fast growth rate.
The nullification crisis was triggered by strong opposition to the?
Dark magician
What were three important issues in the 1970s?
There was a worldwide energy crisis in the 1970s. Watergate was a significant political scandal and the Iran Hostage Crisis were significant events in the United States. The Vietnam War persisted through the first 5 years of 1970.
What events led to the nationalization of the Iranian oil industry?
The overthrow of the Shah (Reza Pahlavi) in the late 1970s, and the takeover of the Iranian government by Ayatollah Khomenei, culminating in the Iran hostage crisis, led to this event.
How can you use energy crisis in a sentence?
In the early 1970s the United States and Canada underwent an energy crisis that saw the development of more fuel efficient automobiles.
