What happened in the 1970s?
🛢️ Economic Crisis: The global impact of the 1973 oil crisis
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Further Reading
Oil Embargo, 1973–1974 - History State Gov (state.gov)
The 1973 Oil Crisis and Its Economic Consequences (billofrightsinstitute.org)
The 1973 Oil Crisis: Three Crises in One—and the Lessons for Today (columbia.edu)
Oil Shock of 1973–74 | Federal Reserve History (federalreservehistory.org)
1973 Energy Crisis: Causes and Effects - Investopedia (investopedia.com)
The Economic Impact of Oil Prices (iaea.org)
The Arab Oil Embargo—40 Years Later - CSIS (csis.org)
Oil crisis | Definition, History, & Facts - Britannica (britannica.com)