The Oil Boycott of 1973-74 Was Brought on by

question 23

Multiple Choice

The Oil Boycott of 1973-74 was brought on by

• A) Western support of Israel in the Yom Kippur War.
• B) U.S. support of Muslim liberals.
• C) Western support of Israel in the Six-Day War.
• D) British attempts to re-control the Suez Canal.
• E) U.S. support of the Shah of Iran.

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Definitions:

Reinforcement Theory

A behavioral theory which posits that behavior can be shaped or modified through rewards or punishments, encouraging or discouraging certain actions.

Reinforcement Theory

A theory in psychology that posits behavior is motivated by its consequences, through rewards or punishments.

Nonbinding Price Floor

A minimum price set by the government that is below the equilibrium price, having no effect on the market price or quantity sold.

Consumers

Consumers are individuals or entities that use or consume goods and services for personal use, not for manufacturing or resale.