NEED HELP FAST PLEASE! following problems played the most important role in the collapse of Penn Square Bank and the creation of aboom and bust economy in the 1970s?
A. rising oil supplies
B. cheaper cattle prices
C. changing oil prices
D. higher wheat prices
Please select the best answer from the choices provided.

The correct answer is option C "changing oil prices"

Explanation:

Penn Square Bank was a little business bank situated in Oklahoma City, Oklahoma, that fizzled in July 1982. The bank made a lot of ineffectively guaranteed energy related advances that it offered to different banks. Misfortunes on these advances prompted huge monetary issues for some of those banks.

The bank was established in 1960 and was situated in the back of the Penn Square Shopping center in Oklahoma City. The bank made its name in high-hazard energy advances during the last part of the 1970s and mid 1980s Oklahoma and Texas oil blast. Somewhere in the range of 1974 and 1982, the bank's resources expanded in excess of multiple times to $525 million and its stores expand from $29 million to more than $450 million. Subsequently principally of flighty loaning rehearses regarding the offer of over $1 billion in "loan participation" to different banks all through America, Penn Square Bank failed in July 1982.

idk

explanation: