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American History question

American History question

What was the effect of the 1973-74 oil embargo on the psyche of the American consumer? Did the embargo have any lasting effect on the American economy?

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The 1973-1974 oil embargo caught many U.S residents unawares. It was the first time many residents got to know that U.S imported oil from Arab countries that make up OPEC. With President Nixon at the helm of leadership, oil shortages were being experienced across the country. The President made………

APA

150 Words

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