Specialization, Trade, Interdependence At this time, the United States was almost completely reliant on foreign oil, more specifically, oil from the Middle East. Prior to this, the United States had focused its energy on specializing in manufacturing and mass production, leaving the production of other goods, like oil, to other countries. This obviously did not work for the US when their supply of oil was cut off. While it did not work in this situation, explain how specialization like this could be a good thing.

(reading is the oil crisis of 1973)

Question

Specialization, Trade, Interdependence

At this time, the United States was almost completely reliant on foreign oil, more specifically, oil from the Middle East. Prior to this, the United States had focused its energy on specializing in manufacturing and mass production, leaving the production of other goods, like oil, to other countries. This obviously did not work for the US when their supply of oil was cut off. While it did not work in this situation, explain how specialization like this could be a good thing.

(reading is the oil crisis of 1973)

Explanation:

yup the answer is

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough