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What was a lasting effect of the OPEC embargo in the 1970s on the US economy?
reduced use of petroleum
What effect has embargo had since it's stablishment?
An embargo has the effect of prohibiting some activity, generally economic activity. The effect of an embargo is that goods and services are prevented from flowing across embargo lines even where there is a market for those goods. For example, there is an embargo preventing U.S. companies from exporting technology with military applications into terrorist-sponsoring countries. The effect is that businesses are prohibited from doing so. Similarly, there is a general trade embargo imposed by the U.S. on Cuba. As a result, goods from Cuba can not be imported into the U.S. The effect is that one can not legally sell Cuban cigars in America.
What is a negative effect of a embargo?
High prices, and shortages.
How does bushfires effect economy?
the economy looses millions of dollars paying for repairs
What effect does new technology usually have on an economy?
It makes the economy stronger and more efficient.
What was a lasting effect of the OPEC embargo in the 1970s on the US economy?
reduced use of petroleum
What effect did the Embargo Act have on American economy?
amost destroyed american economy
which of the following was a lasting effect of the atlantic slave trade?
much of africa was left poor and divided.
What effect has embargo had since it's stablishment?
An embargo has the effect of prohibiting some activity, generally economic activity. The effect of an embargo is that goods and services are prevented from flowing across embargo lines even where there is a market for those goods. For example, there is an embargo preventing U.S. companies from exporting technology with military applications into terrorist-sponsoring countries. The effect is that businesses are prohibited from doing so. Similarly, there is a general trade embargo imposed by the U.S. on Cuba. As a result, goods from Cuba can not be imported into the U.S. The effect is that one can not legally sell Cuban cigars in America.
What effect did the embargo act of 1807 have on the us economy?
The Embargo Act of 1807 caused some new laws, including that American vessels can't land in any foreign port unless authorized by Jefferson himself, and that trading vessels were now required a bond of guarantee that was equal to the value of the ship and it's cargo. The public reacted very positive to these laws. This by no way effected the economy.**The public did NOT react positive. They were furious with the President. People were complaining of how poor the embargo made them. It drastically changed the economy for worse.
How did the Embargo act affect Britain and France?
The embargo act had very little effect on Britain and France.For more information on Embargo Act, visit Britannica.com.Read more: embargo-act-of-1807
What is a negative effect of a embargo?
High prices, and shortages.
What was the embargo 1813?
what was a positive effect from the war of 1812
What is the effect of landslide in the economy?
Landslides can have a significant negative impact on the economy by disrupting transportation networks, damaging infrastructure, causing property damage, and leading to loss of life. The cost of recovery and rebuilding efforts following a landslide can be substantial and have long-lasting effects on local economies, particularly in areas dependent on industries like tourism or agriculture that may be affected by the damage.
What impact did the embargo act have on British?
The effect the embargo act has on the British is, the britsh started trade with latin america instead
What was not an effect of the Embargo Act of 1807 on Britain?
The Embargo Act of 1807 primarily aimed to pressure Britain into respecting American shipping rights by prohibiting American trade with all foreign nations. However, one effect that was not seen in Britain was a significant economic crisis; Britain was able to find alternative trade partners and sources for goods, which mitigated the impact of the embargo. Additionally, the Act did not lead to a change in British policy regarding impressment of American sailors, as Britain continued its practices despite the embargo. Ultimately, the Act hurt the American economy more than it affected Britain.
How did the Embargo Act have a positive effect?
The embargo act had a positive effect because it cuts off supplies for british and french.
