Question

What was a result of the 1973 oil crisis?
A. It contributed to inflation and a brief depression.
B. It improved labor markets affected by international trade.
C. It convinced countries to invest in protecting the environment.
D. It greatly reduced the pace of economic globalization.

Answer 1

Answer:

A is your answer

Explanation:

Hope this helps

Answer 2

One result of the 1973 oil crisis was that A. It contributed to inflation and a brief depression.

What did the 1973 oil crisis cause?

After the Arab nations of OPEC engaged in actions that led to a shortage of oil in 1973, the world received a supply shock.

This supply shock led to prices rising as many things depended on oil, and there was a brief depression as a result.

Find out more on the 1973 oil crisis at https://brainly.com/question/19944299.