10
QuizMultiple Choice

The Ford and Carter Presidencies

Question 10 • MS U.S. History - SS3307 B-IC

What action was the immediate result of the Arab-led embargo of oil to the United States?

Answer
A
gasoline prices went down
B
gasoline prices increased significantly
C
people changed their means of transportation
D
businesses quit buying oil from the nations involved

Explanation

The Arab-led oil embargo reduced the supply of oil available to the United States. With less oil to meet demand, gasoline prices increased significantly. Changes in transportation followed for some people, but the immediate result was higher prices.

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