President Carter believed that the fundamental problem of the American economy in the late 1970s was
A) the absence of price controls on domestic oil production.
B) U.S. dependence on foreign oil.
C) the high import fees on foreign oil.
D) the exhaustion of domestic oil supplies.
E) the loss of a manufacturing base.

Question

Quizplus · Accepted Answer

President Carter believed that the fundamental problem of the American economy in the late 1970s was U.S. dependence on foreign oil, which he addressed through policies aimed at reducing this dependency and promoting energy conservation.

President Carter Believed That the Fundamental Problem of the American