US.17(E) describe the dynamic relationship between U.S. international trade policies and the U.S. free enterprise system such as the Organization of Petroleum Exporting Countries (OPEC) oil embargo, ....

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Which factor contributed most to inflation in the United States during the 1970s? __________________

This excerpt is from a speech by President Jimmy Carter in 1977.

Tonight I want to have an unpleasant talk with you about a problem that is unprecedented in our history. With the exception of preventing war, this is the greatest challenge that our country will face during our lifetime. The energy crisis has not yet overwhelmed us, but it will if we do not act quickly. It's a problem that we will not be able to solve in the next few years, and it's likely to get progressively worse through the rest of this century. We must not be selfish or timid if we hope to have a decent world for our children and our grandchildren. We simply must balance our demand for energy with our rapidly shrinking resources. By acting now we can control our future instead of letting the future control us.

- President Jimmy Carter, Address to the Nation on Energy , 1977

This question has two parts. First, answer Part A. Then answer Part B.

Part A
What energy crisis is referenced in the excerpt?

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