Select the correct answer from each drop-down menu to complete the given sentence, which discusses the impact of globalization and interdependency.
In 1973, the _____ created a major oil crisis in western European nations and the United States by declaring an embargo against them. The _____ of fuel disrupted businesses and limited the use of cars and other vehicles.
Answer (2)
In 1973, OPEC declared an embargo that led to a major oil crisis impacting western European nations and the United States. This crisis disrupted businesses and limited transportation, demonstrating the effects of globalization and interdependency. It underscored how events in one region can affect economies worldwide. ;
In 1973, OPEC declared an embargo that caused a significant oil crisis affecting the U.S. and Western Europe, disrupting businesses and transportation. The embargo highlighted the interdependency of nations and how global events can impact local economies. This event illustrated the crucial role that oil plays in modern society and the vulnerability of countries reliant on foreign oil supplies.
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