Identify two effects of scarcity of resources in the modern world -nations are economically self-sufficient
-nations depend on one another to obtain goods and services
-nations specialize in certain industries
-nations don’t engage in international trade

How did the cleveland massacre impact standard oil in 1872? standard oil hired all the laborers who were nearly killed during the cleveland massacre. standard oil became a monopoly in the cleveland oil market after the cleveland massacre. standard oil was bought out by other companies in the city after the cleveland massacre. standard oil closed down to avoid additional violence in the wake of the cleveland massacre.