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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Which television show symbolized the greatest boom in history during the 1980s?
(a) LA Law
(b) Love Boat
(c) M.A.S.H.
(d) Dallas

2. In October 1971, the Shah of Iran hosted a gala celebrating the 2,500-year anniversary of what?
(a) The birth of Christ
(b) The founding of the Persian Empire
(c) The birth of Muhammad
(d) The founding of Britain

3. The Soviet Union invaded which country?
(a) Afghanistan
(b) Poland
(c) China
(d) India

4. What accelerated the American escape to the suburbs?
(a) Airplanes
(b) Cheap gas
(c) Electricity
(d) Coal

5. The exporters' combined earnings was how much in 1977?
(a) 22 million
(b) 420 billion
(c) 140 billion
(d) 75 million

Short Answer Questions

1. Oil was completely deregulated in the United States in what year?

2. Who prophesied that Middle Eastern governments would some day threaten the oil-dependent West?

3. Oil producing countries were assigned quotas with what target in mind per day?

4. The Iran-Iraq war took how many barrels of oil a day off the market?

5. From 1985 to 1990, who was the world's largest purchaser of conventional arms?

Short Essay Questions

1. What did Senator Henry ("Scoop") Jackson investigate? How did people respond to these investigations?

2. What was at the heart of the Arab oil embargo? How did other countries feel about the issues?

3. What tensions existed between Iran and Iraq? What effect did this have on the oil market?

4. Why did world oil consumption grow so fast in the period between 1949 and 1972? Which countries or areas experienced this growth?

5. What effects did cheap gas have in the United States in the 1950s? Why were consumers able to obtain cheap gas during this time?

6. What changes occurred in Libya in the 1970s with regard to the oil industry?

7. What events and situations led to tensions between the U.S. and Britain?

8. What weakened OPEC's position in the oil industry? Give at least one specific example.

9. Venezuela's Alirio Parra helped stabilize OPEC through a meeting with oil leaders. Why was the meeting held? What came out of this meeting?

10. OPEC was founded with which goals in mind?

(see the answer keys)

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