To travel from the Persian Gulf to the Arabian Sea, a ship must pass through what?
What is the Strait of Hormuz?
What type of government does Israel have?
What is Parliamentary Democracy?
What type of economy do MOST Southwest Asian nations have?
What is a Mixed Economy?
Investing in workers’ education and skills is called what?
What is Human Capital?
What is the main purpose of OPEC?
What is to stabilize the world oil market?
Which two major rivers run through Iraq?
What is the Tigris & Euphrates River?
In a monarchy such as Saudi Arabia, who holds most political power?
What is a King?
Which trade barrier limits the quantity of goods?
What is an Quota?
Buying machines, factories, and technology is investing in what?
What is a Capital Good?
OPEC influences global oil prices by regulating what?
What is oil production?
True or False: Dams' can create water shortages for farmers downstream who rely on water.
What is True?
What type of government is ruled by religious leaders?
What is a Theocracy?
What is it called when countries focus on producing goods they make most efficiently?
What is Specialization?
A country with high literacy rates usually has what?
What is a higher standard of living?
True or False: Some countries have large oil reserves; others have few. This creates wealth differences among Southwest Asian countries.
What is True?
Based on population density maps, most people in Southwest Asia live near what?
What is near water, rivers or coastline?
Who is the head of government in a Parliamentary Democracy?
What is the Prime Minister?
Why do nations need a currency exchange system?
What is countries have different currencies?
What does GDP per capita measure?
What is the average income per person?
How do command economies prioritize the interests of the various actors involved in the economy?
What is prioritizing the interests of government over interest of people?
Which country contains the Gaza Strip and West Bank?
What is Israel?
True of False: In a presidential democracy, citizens vote for the legislature branch; The legislative branch then votes for the executive branch.
What is False?
*Describe was a parliamentary democracy not presidential; citizens can vote for all branches in a presidential*
If a product costs more in the U.S. than in Jordan due to added import taxes, what barrier explains the price difference?
What is a tariff?
People who own and operate a business, and accept the risk of that business failing.
What is an Entrepreneur?
True or False: Turkey is not considered an emerging market by the International Monetary Fund.
What is False?
*The International Monetary Fund considered Turkey an emerging market.*