15
AssignmentMultiple Choice

Nixon's Presidency

Question 15 • U.S. History 2026 - 3311 B

What was the outcome of the 1973 oil crisis?

Answer
A
A war between the United States and Arab nations
B
A quick resolution, lowering gas prices
C
Oil and gas shortages, causing drastic inflation

Explanation

During the 1973 oil crisis, Arab oil-producing nations restricted oil exports to countries supporting Israel. The reduced supply caused oil and gasoline shortages and drove energy prices up, contributing to sharp inflation. The outcome was oil and gas shortages causing drastic inflation, not a war between the United States and Arab nations.

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