Common Assessment Review

Front

Which product is responsible for the economic development in SW Asia?

Back

Oil

Front

This was a movement after WW2 to create a homeland for the Jewish People. It resulted in the establishment of the state of Israel.

Back

Zionism

Front

When a place focuses on doing one thing very well.

Back

Specialization

Front

What product do most countries in the Middle East specialize in?

Back

Oil

Front

Israel specializes in what?

Back

Technology

Front

A system of currency exchange is necessary for what?

Back

Trade between different countries

Front

Who controls the economy in a command economy?

Back

The Government

Front

Who controls the economy in a market economy?

Back

The people (consumers and producers)

Front

Most economies in the world today are: Command, Market, Mixed

Back

Mixed

Front

What type of economy has aspects of command and market?

Back

Mixed Economy