Economic Influences of Southwest Asia

Look at the picture. Southwest Asia has Mixed Economies. Where do Turkey, Saudi Arabia and Israel fall on the continuum?

• Closer to Pure Command

• Closer to Pure Market

The following is a TRUE statement about ISRAEL. "It's Coastal Region has High Tech Companies"...

What else is TRUE about ISRAEL?

• A. Most of its land is owned by the government

• Most of its land is free to all citizens

In Saudi Arabia, it's state run oil company owns, operates and develops all the OIL and NATURAL GAS Reserves in the country. What else is true about SAUDI ARABIA?

• Oil Accounts for only 10% of its total exports.

• Oil accounts for 90% of its total exports.

Turkey's GOVERNMENT encourages "for profit" businesses so that it CAN BECOME one of the top 10 economies in the world! What else is TRUE about Turkey?

• It's Economy is Very Small

• It's Economy is the LARGEST in the Middle East..

FOUR TRUTHS: Choose the 4 true statements about OPEC. OPEC DOES THE FOLLOWING:

• *stabilize world markets

  *unify oil policies

  *ensure a reliable oil supply for customers

  *provide steady income from oil sales to members (countries)

• *decrease profits

  *control the extraction (taking out) of oil

  *reduce world dependence on oil in Southwest Asia

  *Encourage Europe and North America to change to alternative resources

Many countries in Southwest Asia are trying to CHANGE their MIXED economies further from COMMAND and NEARER to MARKET ECONOMIES.
Which action are these countries taking to make this shift occur?

• Increase Business Taxes

• Privatize More Businesses and Industries

One of Southwest Asia's most Important Resources is

• Oil

• Straw

The distribution of OIL in Southwest Asia is______________________.

• Even

• Uneven

The distribution of OIL in the Middle East has made some countries very___________________.

• poor

• rich/wealthy

Saudi Arabia provides FREE EDUCATION AND HEALTH CARE to all people. Which statement is TRUE!

• *The human resources have been invested in.

  *The investments have increased the literacy rate.

  *The investment has increased Saudi Arabia's GDP (Gross Domestic Products).

• *The human resources have not been invested in.

  *The investments have decreased the literacy rate.

  *The investments made the GDP decrease.