answersLogoWhite

0

The price of foreign oil was raised by OPEC.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about World History

What was the predecessor to MasterCard?

The 1970s saw the birth of Master Charge, which became MasterCard.


What decade did the majority of African countries become independent?

An estimate about 1960s to 1970s


Is there more money or people in the world?

The USD is fiat money so it has no value by gold/silver since the 1970s and is therefore infinite. There are 7.4 billion+ people in the world.


Why did they invented Post-in notes?

Post-it Notes were invented by 3M scientist Spencer Silver in the late 1960s while he was attempting to create a strong adhesive. Instead, he developed a low-tack, reusable adhesive that allowed papers to stick together without leaving residue. In the late 1970s, his colleague Arthur Fry recognized the potential for this adhesive in creating a bookmark that could be repositioned, leading to the launch of Post-it Notes in 1980. They quickly became popular for their convenience in jotting down reminders and messages.


How has the world changed since the 1970s?

Since the 1970s, the world has undergone significant changes, particularly in technology, communication, and globalization. The rise of the internet and mobile technology has transformed how we connect, access information, and conduct business. Additionally, there has been a growing awareness of environmental issues and social justice movements, influencing policies and cultural attitudes. Economically, many countries have experienced shifts toward market-oriented reforms and increased interdependence in the global economy.

Related Questions

The US trade deficit first became a problem in the 1970s because .?

The price of foreign oil was raised by OPEC.


What economic problem in the 1970s became much less significant during the Reagan years?

Inflation


Was Ritalin prescribed for the treatment of attention deficit disorder in 1960?

No, Ritalin was not commonly prescribed for the treatment of attention deficit disorder (ADD) in 1960. While the drug was approved by the FDA in 1955 for use in treating narcolepsy and depression, it gained recognition for treating ADD and attention deficit hyperactivity disorder (ADHD) primarily in the 1970s. It was during this later period that Ritalin became widely used for managing symptoms of attention disorders.


What were the living conditions like in Liverpool in 1970s?

It became a very poor and desolate area because of the unemployement rates.


Was a major problem for the US in the 1970s?

The Vietnam War was a major problem and the continued draft.


Were dreamcatchers fads in the 1970s?

No, dreamcatchers were not fads in the 1970s because they was used in the age of the Ancient Americas, not the 1970s.


When computers became affordable for non-specialists?

After the microprocessor was developed in the 1970s.


What company built the world's tallest building in Chicago in the 1970s only to move out of it in the 1970s?

The Sears Tower became the world's tallest building


What was the predecessor to MasterCard?

The 1970s saw the birth of Master Charge, which became MasterCard.


What was a major problem for the US in 1970s?

The Vietnam War was a major problem and the continued draft.


When did polyester clothing become popular?

Polyester clothing became very popular in the 1970s.


Major problem for the US in the late 1970s?

Government programs discoruaging stagflation