how did the shortage of oil from opec nations affect the united states?\nit created more unemployment.\nit…
how did the shortage of oil from opec nations affect the united states?\nit created more unemployment.\nit lowered unemployment.\nit helped businesses to diversify.\nit caused oil production to rise.
Answer
Brief Explanations:
When there is a shortage of oil from OPEC nations, costs of production increase for many industries in the US that rely on oil. This leads to businesses cutting back on operations and laying - off workers, resulting in higher unemployment.
Answer:
It created more unemployment.