Tuesday
September 16, 2014

Homework Help: history

Posted by Ciara's Sister on Friday, December 16, 2011 at 7:12pm.

How did the oil crisis in the 1970s illistrate the problem of economic interdependence?
1. all nations rely on oil and when nations with oil resources underwent political crises, production was halted and prices soared, creating economic shock waves.
2. the dependence of the us on middle e oil was seriously damaged when saudi arabian oil fields were attacked by afghnistan's rebel forces
3. multinational corporations had brought new technologies to developing countries, which used this new technology to create alternative fuels at high costs
4. less-developed nations, once dependent on the middle e for oil, joined the OPEC and were able to get substantial discounts on oil reserves
i think its d

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

history - How did the crises in the 1970s illustrate the problem of economic ...
history - how did oil crisis in the 1970s illustate the promblem of economic ...
social studies(updated answers) - this is the last time ill post for these 2 ...
Economics - In 1973, Members of the Oraganization of Oil-Exporting Countries (...
social studies check answers - 2.B 3.A 4.C 5.B 2.Caribbean South America has A. ...
Geography (Ms. Sue) - Why are oil and natural gas important to highly-...
walden - 4.During the energy crisis of the 1970s, and again in the last 5 years...
com 150 - I need to know as fast as you can. I need to know if this is an ...
english- Ms. sue - The economy is influenced by many factors that determine its ...
science - Questions about oil: 1. what is the main product we get from oil? 2. ...

Search
Members