SS7G6& G7
Which of these nations has NOT had their water
security threatened by supply interruptions from
the Tigris-Euphrates Basin?
What is Israel.
These two rivers flow through the country of Iraq.
What are the Euphrates and Tigris Rivers?
What is the biggest factor or factors affecting the
answers to these questions in a command
economy?
Government Planning
An economy in which producers produce the
goods they can create most efficiently and trade
for others. What vocabulary word is this?
Specialization.
What do the economies of Israel, Saudi Arabia and Turkey have in common ?
They are mixed.
Why did the construction of the Atatürk Dam on
the Euphrates River in Turkey cause conflict in
Southwest Asia?
The dam has limited the supply of water in other
countries.
This region in-between Saudi Arabia and Iran contains lots of oil.
What is the Persian Gulf?
What is the biggest factor or factors affecting the
answers to these questions in a traditional
economy?
Custom and Habits.
A tax placed on goods imported from a country. What vocabulary is this?
What is a tariff.
What organization did Iraq,
Iran, Kuwait, Saudi Arabia, and Venezuela found
together?
What is OPEC.
What is a benefit of good soil in the SW Asia region?
The rich soil allowed for the growth of farming,
cities, and commerce in the area near the rivers.
This country has both territory in Asia and Europe?
What is Turkey?
What are the three basic questions when determining the economy?
What to produce?
How to produce?
For whom to produce?
How do embargoes differ from quotas and tariffs?
Embargoes cause an end to all trade across a
range of goods.
How does the Organization of the Petroleum
Exporting Countries (OPEC) achieve its goal of
stabilizing the worldwide price for oil?
by setting member production quotas to lower
the overall supply of oil.
What is significant about the Rub-Al-Khali or Empty Quarter?
It is a a hot, arid, largely uninhabited desert.
This is a highly contested point between the Persian Gulf and Arabian Sea?
What is the Strait of Hormuz?
A country has a growing private sector.
The government uses tax incentives to
encourage people to start new
businesses. It also sets strict regulations
to protect its people from harmful
business activities. Like many developed
economies, the gap between rich and
poor is growing. To attempt to stop this
trend, the government imposes price
ceilings on necessary goods and a
minimum wage for workers. What type of economy is this?
What is a mixed economy.
Why is a monetary exchange system necessary for international trade?
allows goods to be traded between nations with
different currencies.
Which nation is the world's largest exporter of
petroleum?
What is Saudi Arabia.
What is the most important limited resource in the Middle East?
What is water?
The 120 mile narrow water way allows ships to move from the Mediterranean Sea to the Red Sea?
What is Suez Canal
Which industry is MOST important to the Saudi
Arabian economy?
What is oil.
What would happen if there were no monetary exchange systems?
Consumers would have difficulty determining the
cost of the product.
Jahmir uses his own money and time to develop a car business and is very successful. What is this an example of?
What is entrepreneurship.