Economics of the Middle East

Economics of the Middle East

6th - 8th Grade

19 Qs

quiz-placeholder

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Economics of the Middle East

Economics of the Middle East

Assessment

Quiz

others

6th - 8th Grade

Easy

Created by

Timothy Duffey

Used 51+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

How do command and market economies compare to each other?
Neither have economic freedom
Both have full economic freedom
The Government plays a larger role in a command economy
The government plays a smaller role in a command economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

What type of economy do most countries on the globe and in the Middle East have?

Market Economy
Command Economy
Mixed Economy
Traditional Economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

How does literacy rate impact a country's standard of living?
The higher the literacy rate, the higher the standard of living
The higher the literacy rate, the lower the standard of living

4.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Israel does not have good access to water, making it hard for them to include farming and agriculture into their economy. What can Israel do instead?
Try harder to make farming possible
Create manmade lakes to retain water
Specialize in the fishing industry
Specialize in industries like technology

5.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

If oil accounts for a major percentage of Saudi Arabia's exports and economy, that means that Saudi Arabia __________ in producing oil.

Specializes
Exports
Entrepreneur
Tariff

6.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

What is the purpose of a system of currency exchange?
It allows people in different countries to trade with one another.
Creates more trade barriers
Makes trading harder between countries
Creates less opportunities for trade

7.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

What trade barrier is a tax placed on a good entering a country?
Embargo
Quota
Tariff

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