Middle East Unit 3 part 1

What is the title of the Shia religious leader of IRAN?

• Supreme Leader or Ayatollah

• Supreme Leader or Calif

• Ayatollah or President

• Supreme Leader or President

Air, food, water, clothing

• Wants

• Needs

• Consumer

• Producer

Tangible items such as food, clothing, houses, and furniture

• Services

• Producer

• Goods

• Consumer

How does Israel make up for it’s lack of natural resources?

• High level of Exchange Rates

• High level of printing Money

• High level of Petroleum

• High level of Human Capital

In what country can people vote for local leaders and the countries president, but the true leader of the country chosen by the countries religious leaders?

• Turkey

• Saudi Arabia

• Israel

• Iran

Of the countries we studied, which is considered an Islamic Republic?

• Saudi Arabia

• Israel

• Iran

• Turkey

Goods and services that make our lives more comfortable or enjoyable

• Needs

• Wants

• Goods

• Services

What does OPEC stand for?

• Organization of Petroleum Exporting Countries

• Oil Producing Exporting Countries

• Organization of Petroleum Earnings in Cash

• Oil Producing Exports in Cash

The continual increase in the price of goods and services

• Deflation

• Inflation

• Currency Exchange

• Credit

A person or a group who use resources to make a good or provide a service

• Capital Good

• Human Capital

• Producer

• Consumer