
Economic Influences of Southwest Asia
Flashcard
•
Social Studies
•
7th Grade
•
Practice Problem
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Medium
Wayground Content
Used 1+ times
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13 questions
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1.
FLASHCARD QUESTION
Front
Look at the picture. Southwest Asia has Mixed Economies. Where do Turkey, Saudi Arabia and Israel fall on the continuum?
Back
Closer to Pure Market
2.
FLASHCARD QUESTION
Front
What else is TRUE about ISRAEL? "It's Coastal Region has High Tech Companies"
Back
Most of its land is owned by the government
3.
FLASHCARD QUESTION
Front
In Saudi Arabia, it's state run oil company owns, operates and develops all the OIL and NATURAL GAS Reserves in the country. What else is true about SAUDI ARABIA?
Back
Oil accounts for 90% of its total exports.
4.
FLASHCARD QUESTION
Front
Turkey's GOVERNMENT encourages "for profit" businesses so that it CAN BECOME one of the top 10 economies in the world! What else is TRUE about Turkey?
Back
It's Economy is the LARGEST in the Middle East.
5.
FLASHCARD QUESTION
Front
FOUR TRUTHS: Choose the 4 true statements about OPEC. OPEC DOES THE FOLLOWING: *stabilize world markets *unify oil policies *ensure a reliable oil supply for customers *provide steady income from oil sales to members (countries) *decrease profits *control the extraction (taking out) of oil *reduce world dependence on oil in Southwest Asia *Encourage Europe and North America to change to alternative resources
Back
stabilize world markets, unify oil policies, ensure a reliable oil supply for customers, provide steady income from oil sales to members (countries)
6.
FLASHCARD QUESTION
Front
Many countries in Southwest Asia are trying to CHANGE their MIXED economies further from COMMAND and NEARER to MARKET ECONOMIES. Which action are these countries taking to make this shift occur? Options: Increase Business Taxes, Privatize More Businesses and Industries
Back
Privatize More Businesses and Industries
7.
FLASHCARD QUESTION
Front
One of Southwest Asia's most Important Resources is
Back
Oil
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