OPEC Oil Crisis of 1973 Quiz

What was the main reason behind the OPEC oil crisis of 1973?

• D. Expansion of oil reserves

• C. Negotiation for lower oil prices

• B. Imposition of an oil embargo and higher oil prices

• A. Increase in oil production

Which organization led the oil embargo during the OPEC oil crisis of 1973?

• A. NATO

• B. OPEC

• C. UNICEF

• D. WHO

What event sparked the OPEC oil crisis of 1973?

• C. Vietnam War

• A. Six-Day War

• D. Korean War

• B. Yom Kippur War

Which countries were heavily impacted by the increase in oil prices during the OPEC oil crisis of 1973?

• A. Russia and China

• B. Brazil and Argentina

• D. Australia and New Zealand

• C. Germany and France

What percentage of the world's oil supply was produced by OPEC countries in 1973?

• B. 45%

• C. 55%

• A. 35%

• D. 65%

Which country imposed a 10% cut in industrial oil and electricity consumption in response to the oil crisis?

• B. Japan

• D. South Korea

• A. Canada

• C. Australia

What type of vehicles became popular due to the oil crisis, leading to a shift in consumer demand?

• A. Luxury cars

• D. Sports cars

• B. Electric cars

• C. Fuel-efficient cars

What measure was implemented in the U.S to reduce consumption during the oil crisis?

• D. 24-hour gasoline rationing

• B. Mandatory carpooling

• A. Year-round daylight saving time

• C. Ban on private vehicles