In the 1970s, the Organization of Petroleum Exporting Countries (OPEC)

question 29

Multiple Choice

In the 1970s, the Organization of Petroleum Exporting Countries (OPEC) tripled the price of petroleum, causing automobile manufacturers to look for ways to produce more fuel-efficient cars by substituting aluminum and plastic for steel.This was primarily a response to the economic question of:

• A) When will each good be produced?
• B) For whom shall the goods be produced?
• C) What goods and services should a society produce?
• D) How should goods and services be produced?

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Definitions:

Minute Notes

Brief records of the main points discussed and decisions made during a meeting.

Meeting Productivity

The effectiveness and efficiency with which meetings are conducted, leading to meaningful outcomes.

Distribute Minutes

The process of sharing the written record of a meeting, detailing the discussions, decisions, and actions, with all relevant parties.

Encourage Participation

The act of motivating or inspiring individuals to take part in an activity or contribute to a project.