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https://www.youtube.com/watch?v=DCMm3kvlchI

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https://www.youtube.com/watch?v=hyqprG1pDzE

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https://www.youtube.com/watch?v=XG3ehXryI7Y

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This padlet will explore how an oil crisis can and have effected on the economy. Oil is extremely important to production of almost anything so when the supply or demand change, it can both have a good or bad effect on the economy. An oil crisis would occur when the price of oil rises much faster than other resources, such as the crisis of 1973. Or what we are experiencing now where we produce oil but there is little demand for i so the price is low.