The Formation of the Organization of the Petroleum Exporting Countries

question 34

True/False

The formation of the Organization of the Petroleum Exporting Countries (OPEC) made it easier for these oil-producing countries to act together and successfully limit the supply of oil, thus raising prices.

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Definitions:

Culture

A complex collection of values, beliefs, behaviours, and material objects shared by a group and passed on from one generation to the next.

Conflict Theorist

An advocate or practitioner of conflict theory, focusing on the study of power differences, inequality, and social change through conflict.

Aboriginal Residential Schools

Institutions that were part of a policy to assimilate Indigenous children into European-Canadian culture, often involving forceful removal from their families and suppression of Indigenous cultures.

Counterculture

A type of subculture that strongly opposes the widely held cultural patterns of the larger population.