Economic Influences of Southwest Asia

Economic Influences of Southwest Asia

Assessment

Flashcard

Social Studies

7th Grade

Medium

Created by

Wayground Content

Used 1+ times

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13 questions

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1.

FLASHCARD QUESTION

Front

Look at the picture. Southwest Asia has Mixed Economies. Where do Turkey, Saudi Arabia and Israel fall on the continuum?

Back

Closer to Pure Market

2.

FLASHCARD QUESTION

Front

What else is TRUE about ISRAEL? "It's Coastal Region has High Tech Companies"

Back

Most of its land is owned by the government

3.

FLASHCARD QUESTION

Front

In Saudi Arabia, it's state run oil company owns, operates and develops all the OIL and NATURAL GAS Reserves in the country. What else is true about SAUDI ARABIA?

Back

Oil accounts for 90% of its total exports.

4.

FLASHCARD QUESTION

Front

Turkey's GOVERNMENT encourages "for profit" businesses so that it CAN BECOME one of the top 10 economies in the world! What else is TRUE about Turkey?

Back

It's Economy is the LARGEST in the Middle East.

5.

FLASHCARD QUESTION

Front

FOUR TRUTHS: Choose the 4 true statements about OPEC. OPEC DOES THE FOLLOWING: *stabilize world markets *unify oil policies *ensure a reliable oil supply for customers *provide steady income from oil sales to members (countries) *decrease profits *control the extraction (taking out) of oil *reduce world dependence on oil in Southwest Asia *Encourage Europe and North America to change to alternative resources

Back

stabilize world markets, unify oil policies, ensure a reliable oil supply for customers, provide steady income from oil sales to members (countries)

6.

FLASHCARD QUESTION

Front

Many countries in Southwest Asia are trying to CHANGE their MIXED economies further from COMMAND and NEARER to MARKET ECONOMIES. Which action are these countries taking to make this shift occur? Options: Increase Business Taxes, Privatize More Businesses and Industries

Back

Privatize More Businesses and Industries

7.

FLASHCARD QUESTION

Front

One of Southwest Asia's most Important Resources is

Back

Oil

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