Economy: Iran

History of Iran's Economy

Modern day Iran

Oil

Sanctions

Conflicts

100

True or false, after WW2, the wartime occupation fueled Iranian nationalism and anti-colonial sentiments, laying the groundwork for the eventual nationalization of the oil industry

True

"Wartime and Naturalization of Oil." Britannica Original Sources, Encyclopædia Britannica, www.britannica.com/place/Iran/Wartime-and-nationalization-of-oil. Accessed 21 Feb. 2024.

100

How is Iran's economy today?

Poor

Inskeep, Steve, and David Greene, hosts. "Who Do Iranians Blame for Their Poor Economy? The U.S. or Their Government?" Morning Edition, narrated by Victoria Whitley-Berry and Lily, NPR, 23 Aug. 2019. NPR, www.npr.org/2019/08/23/753642849/who-do-iranians-blame-for-their-poor-economy-the-u-s-or-their-government. Accessed 7 Feb. 2024.

100

When did the first Iranian oil rig hit oil?

1910

First oil well in Iran to hit oil, located in Masjed Soleyman. 1910. Asemari News, Asmarin Real Estate Consultants, www.asemarinews.ir/. Accessed 21 Feb. 2024.

100

Which American presidential administration enforced sanctions on Iran?

Trump Administration, while the Obama administration put the sanctions into effect, Trump enforced them even more.

Jakes, Lara. "Iran's Oil Exports Rise as U.S. Looks to Rejoin Nuclear Accord." The New York Times, The New York Times Company, 18 May 2021, www.nytimes.com/2021/05/18/us/politics/iran-oil-exports-nuclear-accord.html. Accessed 12 Feb. 2024.

100

Iran Seized what country's Oil Tanker, further increasing tensions between the two countries?

U.S.

AFP News Agency. "US Demands Iran Release Seized Oil Tanker 'immediately' | AFP." YouTube, 11 Jan. 2024, www.youtube.com/watch?v=IerQrhp5_kw.

200

Who is the nationalist leader who is credited as the one who led efforts to nationalize Iran's oil industry, which had been largely controlled by foreign interests?

Mohammad Mosaddeq

"Wartime and Naturalization of Oil." Britannica Original Sources, Encyclopædia Britannica, www.britannica.com/place/Iran/Wartime-and-nationalization-of-oil. Accessed 21 Feb. 2024.

200

How popular are reforms among the Iranian public?

1. Very unpopular

2. Unpopular

3. Evenly split

4. popular

Popular, only 7% want no change at all and there is a near-even split between those who want extreme progression and some level of reform.

Newsroom, Iran International. "Politicians Pessimistic about Possibility of Reforms in Iran." Iran International (Iran), 2 Jan. 2024. Access World News, infoweb.newsbank.com/apps/news/document-view?p=AWNB&docref=news/196515A4EA8F0118. Accessed 16 Feb. 2024.

200

What percent of the world's crude oil does Iran produce?

Bridges, Corey, producer. "How the World Economy Could React to Escalation in the Middle East." The Indicator of Planet Money, THE INDICATOR, Jan. 2024. NPR, www.npr.org/transcripts/1197961116. Accessed 13 Feb. 2024.

200

How much Impact do foreign sanctions have on the Iranian economy?

37%

"Which of the following Do You Think Has Had the Greatest Negative Impact on the Iranian Economy?" 21 Dec. 2022. Center for International and Security Studies at Maryland and IRANPOLL, July 2022, iranprimer.usip.org/blog/2022/dec/21/iran-2022-volatile-economy. Accessed 12 Feb.

200

What ongoing conflict/war could affect Iran’s oil production, making a ripple in the global oil economy?

Israel - Palestine

300

True or false, before, during, and after the Iranian revolution, oil production was at an all-time high.

False

"Crude Oil Production in Iran." U.S. Energy Information Administration, June 2021, www.eia.gov/todayinenergy/detail.php?id=49116. Accessed 14 Feb. 2024. Chart.

300

How is the social mobility of refugees compared to Iranian citizens?

1. A lot less common

2. Similar

3. More common

More common, Afghan refugees often experience more upward social mobility.

Olszewska, Zuzanna. "Class Reshuffling among Afghan Refugees in Iran." Middle East Report, no. 277, 2015, pp. 26-34. JSTOR, www.jstor.org/stable/44578053. Accessed 14 Feb. 2024.

300

Where does a lot of the money generated by oil exports go?

Military

"Iranian Oil Pipelines and Telecommunications Company (IOPTC)." IFMAT, 13 Nov. 2017, www.ifmat.org/11/13/iranian-oil-pipelines-and-telecommunications-company-ioptc/. Accessed 13 Feb. 2024.

300

True or False? The U.S. Is in full agreement to punish Iran for violating the sanctions.

False

Savage, Charlie. "U.S. Seized Iranian Oil over Smuggling Incident That Escalated Tensions in Gulf." The New York Times, 7 Sept. 2023, www.nytimes.com/2023/09/06/us/politics/iran-oil-sanctions-violations.html. Accessed 13 Feb. 2024.

300

True or false, researchers believe that Iran’s elections are unfair, unjust, and unfree.

True

Martin, Rachel, host. "Economy Was Key in Iranian Election." Weekend Edition Sunday, narrated by Karim Sadjadpour, WNYC, 16 June 2013. NPR, www.npr.org/2013/06/16/192277261/economy-was-key-in-iranian-election. Accessed 5 Feb. 2024.

400

During the beginning of the Nuclear Projects in Iran, which country did Iran need to rely on for their projects to be a success?

United States

"History of Iran." Islamic Revolution of 1979, pp. 1-2. Originally published in Iran Chamber. A History of Iran's Nuclear Program. Wisconsin Project on Nuclear Arms Control, 19 Dec. 2023. Iran Watch, www.iranwatch.org/our-publications/weapon-program-background-report/history-irans-nuclear-program#:~:text=Beginnings%20(1970s%20through%20the%20Iran%2DIraq%20War)&text=By%20the%20mid%2D1970s%2C%20according,power%20stations%20within%2020%20years. Accessed 7 Feb. 2024.

400

True or False, before the sanctions Iran switched to producing Nuclear power due to the oil industry declining.

True

Inskeep, Steve, host. "Study Describes an Iranian Oil Industry in Decline." All Things Considered, narrated by Roger Stern, NPR, 4 Jan. 2007. NPR, www.npr.org/2007/01/04/6722166/study-describes-an-iranian-oil-industry-in-decline. Accessed 6 Feb. 2024.

400

How many different types of Crude Oil does Iran Export?

2, Iran Heavy Crude Oil and Iran Light Crude Oil

"Crude Grades." McKinsey and Company, www.mckinseyenergyinsights.com/resources/refinery-reference-desk/crude-grades/. Accessed 13 Feb. 2024. Table.

400

What country does Iran export Oil to the most?

China
Russia
Vanuzeula
USA

China

400

Who does the Iranian government place the blame on for having a poor economy?

United States

500

When were Nuclear Power Plants launched in Iran

1970s

500

What year were sanctions placed on Iran?

2012

Wertheimer, Linda, and Steve Inskeep, hosts. "U.S. Sanctions Target Iran's Central Bank." All Things Considered, narrated by Karim Sadjadpour, NPR, 12 Jan. 2012. NPR, www.npr.org/2012/01/03/144609410/u-s-sanctions-target-irans-central-bank. Accessed 7 Feb. 2023.

500

In what direction are most of Iran’s oil fields located?

North
South
East
West

West

Behrangaref. "Iran Oil and Gas Fields." Wikimedia, 2007, commons.wikimedia.org/wiki/File:Iran_Oil_and_Gas_Fields.png. Accessed 21 Feb. 2024. Map.

500

How many of the following things were sanctioned in Iran?

Oil
Food
Medicine
Planes

"Tehran Says UN Rights Report Is Product of Western 'Political Mandate' to Demonize Iran." Tehran Times (Iran), 23 June 2021. Access World News, infoweb.newsbank.com/apps/news/document-view?p=AWNB&docref=news/1835130D30ED6018. Accessed 16 Feb. 2024.

500

Ever since the start of the sanctions, how much Oil has the United States government seized from Iran?

A little under one million barrels
One million barrels
Two million barrels
A little under two million barrels

Nearly one million barrels