Which contributed to the economic problems of the 1970s?
an arab oil embargo
israeli attacks on saudi arabia
excess oil in the marketplace
a decline in venezuelan oil production

an Arab oil embargo

Explanation:

In the early 1970s, the main Middle Eastern producer countries, such as Saudi Arabia, Iran, Iraq and Kuwait, which formed the Organization of the Petroleum Exporting Countries (OPEC) began to regulate oil exports to consuming nations. The reason for this embargo was political and economic.

Arab nations retaliated against the US and European countries for supporting the occupation of Palestinian territories by Israel during the Yom Kippur War. The price of a barrel of oil quadrupled and a supply crisis settled, causing a recession economy in the industrialized countries that later expanded to dependent economies such as Latin countries.

Explanation:

The apostolic church consisted only of those persons who had been convicted of sin by The Holy Spirit, and who had given signs of repentance towards God, and faith in The Lord Jesus Christ as The Son of God. Their faith was the faith of God’s elect a steadfast and earnest adherence to the doctrine of the Apostles and prophets 3), including the total depravity of the human race in consequence of the fall of our first parents, the special eternal election of God’s people to everlasting life, the particular redemption purchased by the blood of Christ for all of his people, the effectual calling and the final perseverance of the saints to glory. In all spiritual matters Christ was their Head, King and Lawgiver, as He spoke either personally or by His Spirit in the writers of the old and new testaments scriptures. One word of their Lord and Master was worth more than all the words of uninspired men. They chose to obey God rather than man.