Question
Which statement is correct regarding energy?
- Coal was the most important source of energy during the Industrial Revolution. In the 20th century, it was replaced by oil, which was an even cheaper source.
- When the oil-producing countries formed a cartel (OPEC) and increased the price of crude oil from USD2.1 per barrel in 1973 to as much as $28 per barrel in 1980, it hit developing countries like India the most.
Answer: Option A
Answer: (a)
Coal was the most important source of energy during the Industrial Revolution.
In the 20th century, it was replaced by oil, which was an even cheaper source. When the oil-producing countries formed a cartel (OPEC) and increased the price of crude oil from USD2.1 per barrel in 1973 to as much as $28 per barrel in 1980, it hit developing countries like India the most.
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Answer: (a)
Coal was the most important source of energy during the Industrial Revolution.
In the 20th century, it was replaced by oil, which was an even cheaper source. When the oil-producing countries formed a cartel (OPEC) and increased the price of crude oil from USD2.1 per barrel in 1973 to as much as $28 per barrel in 1980, it hit developing countries like India the most.
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