tessa12304 tessa12304
  • 26-04-2021
  • History
contestada

How did the 1973 oil embargo affect the United States?

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DrippQueenMo
DrippQueenMo DrippQueenMo
  • 26-04-2021

Answer:

Explanation:

The 1973 Oil Embargo strained the U.S. economy that had grown dependent on foreign oil.  The price of oil per barrel first doubled, then quadrupled, making the  costs  even higher on consumers and structural challenges to the stability of national economies.

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heidi17953 heidi17953
  • 30-04-2021

Answer:

oil suffered from high levels of inflation

Explanation:

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