Political and Physical features of SW Asia
What country has the most oil?
Saudi Arabia
Saudia Arabia is the leading producer of ___.
Oil
True or False, North Korea has a pure command economy.
False, there is no pure command
What country has the most amount of water in the Middle East?
Turkey
Israel’s place on the continuum is close to what?
Pure Market or Market
Where do most countries fall closer to on the economic continuum?
Market
What is the body of water between northeast Africa and Saudi Arabia called?
Red Sea
Saudia Arabia falls closer to what side of the continuum?
Pure Market or Market
Who makes the choices in a Traditional Economy?
Elders and ancestors
Which ethnic group, in the Middle East, does not have a country?
Kurds
A large portion of Israel’s GDP comes from what? (Three options)
High tech manufacturing, financial services, and agriculture.
Who answers the three economic questions in a command economy?
The government
What country has is the birthplace of Judaism?
Israel
One __ of Turkey’s production is exported.
Fifth
What is the three basic economic questions?
What to produce, how to produce, for whom to produce.