Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

E.4.a & b. Middle East Economics

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

To swap a good/service for a good/service without using money.

a)

barter

b)

trade

c)

mixed

d)

traditional

2.

The line that represents the range between pure command and pure market.

a)

economic continuum

b)

exchange rate

c)

literacy rate

d)

per capita GDP

3.

An economic system based on meeting one's needs using historical and custom-based means of production.

a)

traditional

b)

market

c)

command

d)

mixed

4.

The combination of two or more economic systems.

a)

mixed

b)

traditional

c)

command

d)

one-crop

5.

A country that has high literacy rates, long life-spans, and high GDPs are considered this.

a)

Developed

b)

Developing

c)

Pastoral

d)

One-crop

6.

Israel has more economic rights for consumers and producers than Saudi Arabia.

a)

TRUE

b)

FALSE

7.

Oil production has little or no impact on the economy of Turkey.

a)

TRUE

b)

FALSE

8.

Compared to its neighbors Israel has one of the strongest economies in the region.

a)

TRUE

b)

FALSE

9.

In the Middle East, countries with ___________ tend to have higher GDP's than countries that don't have oil.

a)

feathers

b)

spoons

c)

technology

d)

oil

10.

The ________________________ owns and controls the oil in Saudi Arabia

a)

President

b)

Government (Royal Family)

c)

Prime Minister

d)

Vice President

11.

True or False: Saudi Arabia is the only country in the Middle East that makes a profit from selling oil.

a)

True

b)

False

12.

True or False: Israel's economy is considered much more diverse than Saudi Arabia's and Turkey's because they invest in electronics, diamonds, and engineering and the labor force is highly educated.

a)

True

b)

False