Asked by sarah
how did oil crisis in the 1970s illustate the promblem of economic interdependence?
A.all nations rely on oil.
C. multinational corporation had brought new technologies to developing countries
i think its a
A.all nations rely on oil.
C. multinational corporation had brought new technologies to developing countries
i think its a
Answers
Answered by
Ms. Sue
If this is the complete answer, then I agree with you.
"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."
http://en.wikipedia.org/wiki/1973_oil_crisis
"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."
http://en.wikipedia.org/wiki/1973_oil_crisis
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