
SW Asia Economies
Authored by Joey Knight
History
7th Grade
Used 235+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following describes the economies of Israel, Turkey, and Saudi Arabia?
market
command
traditional
mixed
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do countries have mixed economies?
Each part of a country has different types of money.
Each part of a country has a different economy
A country’s economy has both command and market elements.
A country’s economy has both national and state elements.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the 3 basic economic questions that all economic systems must answer?
What to produce, how to produce it, and for whom to produce the goods
to what extent to produce, how much to produce, why to produce
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the BEST example of specialization?
A factory builds seats that will be sold to different car manufacturers to be installed in a variety of cars.
A farmer grows crops, harvest crops, and sells crops to individuals and businesses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Countries in Southwest Asia have resources and materials which allow them to produce a certain set of goods that they specialize in. What happens as a result of this specialization?.
Specialization in producing a set of goods encourages trade between countries.
Countries with more resources do not want to trade with Southwest Asia because of their limited goods.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the creation of OPEC had an impact on the economies of its member nations?
it has increased their profit
it has reduced trade barriers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are ways OPEC has affected the world oil market EXCEPT…
taking oil from oil-rich countries and redistributing it to other countries
setting oil prices
selecting the countries to which oil can be exported
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