cyclotreker
What were the effects of the 1973 oil crisis?
1973 oil crisis
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replied to: cyclotreker
jharrington
Replied to: What were the effects of the 1973 oil crisis?
Americans, who had become accustomed to what seemed like endless supplies of fossil fuels, no found themselves suddenly forced to live on as little energy as possible.
replied to: jharrington
jharrington
Replied to: Americans, who had become accustomed to what seemed like endless supplies...
The embargo that caused the energy crisis led to inflation, an enormous trade deficit, and shockingly high interest rates.
replied to: cyclotreker
jameswest
Replied to: What were the effects of the 1973 oil crisis?
Shut up
replied to: jharrington
jameswest
Replied to: Americans, who had become accustomed to what seemed like endless supplies...
Bitch
replied to: jharrington
jameswest
Replied to: The embargo that caused the energy crisis led to inflation, an...
Shut up
replied to: jharrington
abcd123
Replied to: The embargo that caused the energy crisis led to inflation, an...
Yes that is true. it led to an inflation in world market