Ask Question
HistoryHistory
20 December, 18:04

Which best describes the main cause of the 1973 Oil Crisis? Nixon ended the gold standard, which raised the price of gasoline. The US recession led to an increase in the price of gasoline. Israel won the Yom Kippur War, which raised the price of oil. OPEC raised oil prices to punish the United States for its support of Israel.

+4
Answers (2)
  1. 20 December, 18:15
    0
    Answer: OPEC raised oil prices to punish the United States for its support of Israel.

    Major industrial nations of the world, including the the United States, faced energy crisis (substantial shortages of petroleum) in 1973. The 1973 Oil Crisis was said to be caused by the Arab Oil Embargo of OAPEC where OPEC raised oil prices to punish the United States for its support of Israel.
  2. 20 December, 18:17
    0
    on edg the correct answer is D.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which best describes the main cause of the 1973 Oil Crisis? Nixon ended the gold standard, which raised the price of gasoline. The US ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How did the Massachusetts government respond to the shays rebellion
Answers (1)
Although the pope claimed that he was head of all Christian churches, did the Byzantines think that other bishops were equal to the pope. true or false
Answers (2)
What is true of a secular activity? A). It is compatible with all religious traditions. B). It is separate from all religious traditions. C). It is specific to Christian religious traditions. D). It is specific to Puritan religious traditions.
Answers (1)
Based on the map what may have prevented the anglican church from spreading beyond england
Answers (2)
The cultivation of maize was important to people located in
Answers (1)
New Questions in History
Write a summary of Leonardo's Da Vinci's achievements
Answers (1)
What was the initial reason for Columbus's journey to the New York World?
Answers (1)
What is The Individuals with disabilities education act best known for?
Answers (1)
Who did Hitler blame for Germany's problems? A.) industrial leaders B.) Jews C.) Russians D.) Fascists
Answers (1)
The first amendment free exercise clause gives
Answers (1)
Home » History » Which best describes the main cause of the 1973 Oil Crisis? Nixon ended the gold standard, which raised the price of gasoline. The US recession led to an increase in the price of gasoline. Israel won the Yom Kippur War, which raised the price of oil.
Sign Up Forgot Password?