Give me an explanation of how the oil OPEC embargo impacted the U. S. Free Enterprise System in the 1970s

OPEC oil embargo in 1973 was enacted to limit the oil supply from OPEC members to the countries that they perceived as the supporter of Israel during the Yom Kippur war. United States was one of the target.

As a result, the demand of oil in United States outnumbered the amount of supply. This caused the price of oil to massively increase. The price of oil per barrel was quadruple from $3 to $12 per barrel.

This caused a massive problem within the  U.S. Free Enterprise System. There were a lot of industries that relied on oil in order to conduct their operation. For example, Air lines, train, Taxi, manufacture companies that use machine powered by oil, Food industry, etc.

Increase in oil price resulted in an increase in their operating cost. This force them to increase the price of their products. Since not many customers willing to pay for the new price, a lot of them were forced into bankruptcy.

health care plans in the united states having high costs because they are focusing on providing quality programs for different groups of individuals. the quality of the service is based on money flow received from the members. without this investment, couldn't be possible a constant scientific searching to prevent death and illness caused because of low levels of health investigation. currently, the complaints are not about the highest cost, but about the coverage and benefits to access the necessary health services required by the members.  

besides, if a global health system is established the quality levels will fall down because of the standardized of the health. the access to care will increase but the quality will be low because it depends on the money invested.

the answer to your question is true

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