Middle East Economy and Education Quiz

Front

Which of the following industries consumes most of the Middle East’s available water supply?

Back

A. agriculture

Front

Countries tend to specialize in producing goods and services that are relatively easy to produce with the resources they have available. This explains why Saudi Arabia specializes in

Back

C. extracting oil.

Front

Which factor or factors account for the Israeli economy being among the most developed in all of Southwest Asia?

Back

C. a strong financial sector and investments in technology

Front

Which statement correctly explains the relationship between literacy rates, standard of living, investment in human capital, investment in capital goods, and GDP?

Back

A. Countries that spend a larger percentage of their GDP investing in human capital and capital goods experience increases in literacy rate, standard of living, and GDP.

Front

Which of the following economic relationships is directly proportional?

Back

C. the relationship between investment in human capital and gross domestic product

Front

Companies that invest in the education of their employees generally experience which of the following?

Back

C. an increase in worker productivity

Front

On which economic sector is Israel's economy MOST dependent?

Back

C. the financial sector

Front

What is the biggest factor or factors affecting the answers to these questions in a market economy?

Back

C. supply and demand

Front

In which type of economy are producers least likely to produce a surplus of goods?

Back

A. a command economy

Front

A government seeking to accomplish which of the following would be likely to implement an embargo?

Back

C. encourage a country to change a policy