Factors of Economic Growth Que

Saudi Arabia implemented a five-year plan from 2005-2010 to build new primary schools and new universities. What effect did Saudi Arabia MOST LIKELY wish for this to have on its economic growth?

• It wished to increase the standard of living for Saudi Arabian citizens over time.

• It wished to create many short-term construction jobs to stimulate its economy.

• It wished to attract more international students seeking higher education to Saudi Arabia.

• It wished to diversify its economy by adding long-term construction jobs to decrease its dependence on oil.

How might the Turkish government BEST increase its GDP?

• Send scientists to search for deposits of oil.

• Import cheaper goods from Turkey’s neighbors.

• Invest in programs to help Turkey’s citizens learn new job skills.

• Promote Turkey as a desirable place for skilled western workers to emigrate.

Israel’s economy is heavily based on the production of technology and services. How should Israel invest its money to see the greatest increase in gross domestic product (GDP) per capita?

• Promote educational programs to diversify the economy.

• Build more factories to create more computer producing jobs

• Promote irrigation programs to increase agricultural production.

• Develop more efficient methods to produce technological products.

Israel has a mostly market economy based on electronics production and services. What role can an entrepreneur play in Israel’s economy?

• . Entering the civil service to avoid the overcrowded electronics market.

• Entering politics on a platform supporting stronger regulations on the market.

• Creating new goods and introducing them as competition for established brands.

• Starting a family farm instead of entering the electronics or services industries.

Why might there be such a drastic difference in the per capita GDP of these selected countries of the Middle East (Southwest Asia)?

GDP per Capita (in U.S. Dollars) Country GDP per Capita

United Arab Emirates $29,100

Kuwait $22,800

Iran $8,100

Jordan $4,800

• Foreign invasion

• Lack of urban areas

• Access to waterways

• Access to oil fields

Based solely on this information, which nation would you predict to have the lowest

standard of living and why?

Middle East Literacy Rates

Country Literacy

Rate

Afghanistan 32%

Iran 84%

Iraq 79%

Israel 98%

Saudi Arabia 94%

Turkey 95%

• Iran, because they are governed as a theocratic republic.

• Israel, because they are the only non-Muslim country in the region

• Afghanistan, because literacy is a key part of economic development.

• Iraq, because they have been ravaged by war and violence since 2001.