In the 1970s, the Government Placed Price Ceilings on Gasoline

question 371

Multiple Choice

In the 1970s, the government placed price ceilings on gasoline prices. A shortage of gasoline occurred, and long lines formed at the pumps. Some gas stations required that in addition to paying the price on the pump you had to buy a blank will. The action of having to purchase the will in order to purchase gas is known as

• A) a surplus.
• B) a price support.
• C) the price system.
• D) a black market.

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Definitions:

Frances Willard

An American educator, temperance reformer, and women's suffragist who became president of the Woman's Christian Temperance Union (WCTU) in 1879.

WCTU

The Woman's Christian Temperance Union, an organization that was instrumental in the temperance movement, advocating for the prohibition of alcohol.

Alcohol Consumption

The intake of alcoholic beverages, a practice that varies widely around the world due to cultural, legal, and health considerations.

National Politics

The affairs and issues concerning the governance and policies of a country, involving decisions on leadership, laws, and relations within and between nations.