Review for SW Asia Economics Summative

Review for SW Asia Economics Summative

7th Grade

23 Qs

quiz-placeholder

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Review for SW Asia Economics Summative

Review for SW Asia Economics Summative

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Abbigail Runions

Used 6+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If OPEC cut oil production for next year, what would most like be the effect?

prices would not change

oil prices would most likely rise

oil prices would most likely decrease

the price for substitute products would decline

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tariffs, quotas, and subsidies are examples of

free trade.

trade barriers.

trade incentives.

restrictive license.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Year was OPEC Created?

1961

1949

1960

1994

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is OPEC's main purpose?

To regulate and stabilize the price of oil on the world market

To increase the supply of oil available to the world markets

Coordinate peace agreements between Middle Eastern nations and the United States

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry does the government of Saudi Arabia heavily control?

oil
technology
agriultural
textile manufacturing

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which THREE of these nations control large amounts of oil?

Iraq

Israel

Kuwait

Qatar

Yemen

Answer explanation

Iraq, Kuwait, and Qatar control more oil than any of the rest of these countries.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What incentive might a country's national government have to improve education and literacy?

Educated populations do not need to trade with other countries.

Educated populations have a higher standard of living than uneducated populations.

Educated populations are less likely to distrust the government.

Educated populations produce more agricultural goods than uneducated populations.

Answer explanation

Remember that literacy is almost always directly tied to GDP!

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