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1. quizlet.com › 551407279 › lesson-2-the-economy-in-the-1970s-flash-cardsLesson 2: The Economy in the 1970s Flashcards | Quizlet

   quizlet.com › 551407279 › lesson-2-the-economy-in-the-1970s-flash-cards

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   Hace 20 horas · The Oil Shock of 1979. Iran's revolution disrupted oil supplies and led to a sharp increase in oil prices caused United States gas prices to shut up and gas shortages occurred. OPEC (Organization of Petroleum Exporting Countries) cartel of countries that controls part of the oil market.

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