The automobile industry is known for its constant remodeling and change from course to year. While there are not generally forceful changes, there are societal and cultural changes that affect the styling of the automobiles that companies produce. tooth root in the 1970s there were drastic changes in society that tout ensemble altered the products car companies were distributing, such as the change from muscle builder cars to smaller terminate efficient economy cars. As term progressed the evolution of popular cars such as the station wagon, minivan, and SUV, were influenced by social, political, and economic factors that inevitable dictated the progression of the automobile industry. The 1970s were an era of fuel price increases, and increased awareness for the legion(predicate) facets of the automobile such as safety concerns and emission control. The 1973 inunct crisis was the most affecting instance in the 1970s to the automotive market, as well as the first real market break since the Great Depression. The oil crisis occurred when the members of Organization of Arab Petroleum Exporting Countries, or OPEC, proclaimed an oil embargo in response to the U.S. stopping point to resupply the Israeli military during the Yom Kippur war.

In response, OPEC members agreed to use their supplement over the worlds oil price setting to originate world oil prices. This action followed several years of noble income declines after the failure of negotiations with the major Western oil companies antecedent that month. (State.gov) This had a profound effect on the world economy, because alter economies relied on crude oil, and OPEC was their predominant supplier. The 1973 oil crisis renewed tenseness on economy of vehicle operation, especially in the united States with its greater distances, arguably the nation hardest hit because of the prevalence of large, fuel thirsty cars. At the same time, new emissions and safety regulations were world implemented requiring major and costly changes to domestic vehicle... If you want to take a shit a full essay, order it on our website:
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