Georgia 7 th Grade Standards Compare and contrast the economic systems in Israel, Saudi Arabia and Turkey Evaluate how the literacy rate affects the standard of living Explain the primary function of the Organization of Petroleum Exporting Countries Explain how most countries have a mixed economy located on the continuum between pure market and pure command.

Standard of Living vs. Literacy Rate & GDP per capita Literacy Rate – percentage of the population at a specific age that can read and write GDP per capita – GDP based on population Standard of Living – the degree of wealth and material comfort available to the general population of a country. GDP – total value of all goods and services (Gross Domestic Product) Are literacy rate and GDP linked to standard of living?

High Standards of Living vs. Low Standards of Living Israel Population – 7,821,850 Literacy rate – 97% GDP per capita - $36,200 Manufacturing, technology Saudi Arabia Population – 27,345,986 Literacy rate – 87% GDP per capita - $31,300 Oil production Yemen Population – 26,052,966 Literacy rate – 65% GDP per capita - $2,500 Oil production, coffee, fish Afghanistan Population – 31,822,848 Literacy rate – 28% GDP per capita - $1,100 Agriculture

Other Standards of Living United States Literacy Rate – 99% GDP per capita - $52,800 (318,892,103) Qatar Literacy Rate – 96.3% GDP per capita - $103,900 (2,123,160) Iraq Literacy Rate – 78.5% GDP per capita $7,100 (32,585,692) Cuba Literacy Rate 99.8% Second highest in world GDP per capita - $10,200 China Literacy Rate – 95.1% GDP per capita - $9,800 Population – 1,355,692,576 Highest in the world

World Literacy Map

The Eastern Mediterranean Includes Turkey*, Jordan, Israel*, Lebanon, Syria, and Palestinian territories Faced many conflicts Struggle to achieve peace Camp David Accords Not much oil but they do have areas with mild climates and fertile lands Farming is important

Turkey Mild Mediterranean climate (cooler, gets rain) Largest population in SWA (81,000,000) Agriculture for local use Exports cotton and tobacco Produces textiles, steel, and cars Gradually moved from gov’t-directed economy to more private enterprise 75% of people live in cities

Israel Highly developed and industrial economy High tech manufacturing (aviation, computers), financial services, timber, and agriculture Government owns many businesses but is gradually privatizing companies moving from command toward market

Arabian Peninsula Saudi Arabia*, Yemen, UAE, Oman, Qatar, Bahrain Oil exports support economies Oil discovered in 1930’s Major suppliers of the world’s energy Major suppliers of the world’s energy Petrochemicals products made from petroleum and natural gas plastics, cosmetics, detergents, fertilizers, etc. OPEC Organization of Petroleum Exporting Countries Decides how much oil to produce and the price 12 member nations around the world

Saudi Arabia World’s leading producer of oil Schools, hospitals, roads, and airports built with oil income Building new industries to diversify economy 95% of oil industry operated by government Relies on specialized labor from other countries Gov’t trying to increase private ownership of business

The Persian Gulf Countries Includes Kuwait, Bahrain, Qatar, and the United Arab Emirates (UAE) Profits from oil exports used to build strong, wealthy economies Education, health care, and other services provided to citizens for free Diversifying economy in case oil runs out

Economic continuum CommandMarket SA TI