What advice given by Ibn Khaldun might be useful for merchants even in the 21st century?

this is true

the outcome of 1970 oil crisis in united states was that, they began to search ways on how to reduce oil.

in 1970 was a period when there were energy and oil crisis. those who were major centers for industrialization were forced to keep way from supplying of petroleum.

some of the result of this crisis was economic growth became stagnant because prices of oil surged.

due to the increased prices some countries like mexico and norway benefited.

the  equal rights amendment  (era) states: "equality  of  rights  under the law shall not be denied or abridged by the united states or by any state on account of sex." congress first introduced the era in 1923, but the campaign for ratification took off in the 1960s during the  civil rightsmovement.

we can argue that appeasement caused world war ii because it allowed hitler and the nazis to build germany’s military power until it was strong enough to fight a major war. additionally, appeasement emboldened germany, making it think the allies would never have the will to fight. this made germany much more aggressive and encouraged it to take the steps that eventually led to war.