
Economic Systems of Southwest Asia - 7th Grade GA
Authored by Tiffany Carter
Geography, History
7th Grade
Used 122+ times

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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is SPECIALIZATION?
Producing all goods that the country needs so that trade with other countries is not necessary
Producing goods a country can make most easily so that they can trade for goods that they can't produce themselves
Directly trading goods with another country without having to use money
Not investing in capital goods because it costs too much
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When studying the similarities of traditional, command and mixed economies one must ask: What should be produced, how it should be produced, and for whom is it being produced.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SPECIALIZATION is very important to international trade today because...
It helps keep prices low on imported goods
It controls the amount of agriculture a country allows
Most countries only make one product really well
It allows workers to do a better job creating what they make best and then trade for the things that they may need
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saudi Arabia specializes in the production of ..
Oil
Oil and Natural Gas
Natural Gas
Livestock
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Israel, Saudi Arabia, Turkey, and Iran all have what type of economy?
Comman
Mixed
Traditional
Market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Israel specializes in the area of technology because they have MANY natural resources and VAST farmlands.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Israel specializes in the area of technology because they have few natural resources and little farmlands.
True
False
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