Ford Flashcards
1
Q
Action that ford took in regards to Nixon and the watergate scandal
A
Presidential pardon
2
Q
Stagnant economy and high inflation combined with high unemployment
A
Stagflation
3
Q
General rise in the prices of goods and services
A
Inflation
4
Q
Product that created a ride in the prices of goods even though it was stagnant
A
Oil and gas
5
Q
Organization that is the major force in control of oil around the world (opec)
A
Organization of petroleum exporting countries
6
Q
A trade ban of a product
A
Embargo
7
Q
1973 energy crisis occurred in retaliation in retaliation for Americans support of…
A
Israel
