1. Unit 3 – Middle East Government & Economics Review Game

2. Why do countries need to convert currency when trading with another country?
Converting to different currencies makes it possible to buy & sell goods between nations with different types of money.

3. Why do most countries have a mixed economy
Most countries have found they need a mix of free market & govt. control to be successful & to protect consumers.

4. What are two main resources important to Saudi Arabia’s economy?
Oil & Natural Gas

5. What is the main function of OPEC?
To control the supply of oil.

6. What is an entrepreneur?
A person who takes risks by starting a new business

7. What is an example of a natural trade barrier?
Deserts, mountains, lack of bodies of water

8. What form of government does Saudi Arabia have?
Absolute Monarchy

9. What is an embargo?
A stop on trade

10. What is the highest elected official in Iran?
President

11. (Gross Domestic Product)
What is GDP?
(Gross Domestic Product)
The total amount of goods and services produced in a country in one year.

12. What type of government does Israel have?
Parliamentary democracy

13. Why did the invade Afghanistan in 2001?
They believed the government was offering safety to
Al-Qaeda, the organization that attacked the US on 9/11/01.

14. Israel
What is the name of this country?

15. Tigris River
What is the name of this river?

16. Iraq
What is the name of this country?

17. Iran
What is the name of this country?

18. In a Unitary form of government how is power distributed?
The Central Govt. has most of the power, & the local govt. has just a little power.

19. What world organization created the new state of Israel in 1948, as a homeland for the Jews?
The United Nations

20. What type of government does Iran have?
Islamic Republic

21. Afghanistan
What is the name of this country?

22. What was the international movement that called for the establishment of a Jewish national or religious community in the land of Palestine??
Zionism

23. What narrow strait connects the Arabian Sea to the Persian Gulf & is vital to trading oil throughout the world?
The Strait of Hormuz

24. What modern day country is the home to those who call themselves Persians?
Iran

25. Saudi Arabia
What is the name of this country?

26. Countries with high literacy rates have.... Higher Standard of Living

27. What is the most dominant ethnic group in the Middle East?
Arabs

28. What type of economy does Turkey have?
Mixed with some market

29. What is a theocratic republic?
It has both an elected representatives & a government based upon religion.

30. The Mediterranean Sea
What is the name of this body of water?

31. If a country does NOT invest in its human capital, how can it affect the country’s gross domestic product?
GDP may go down

32. When a country is really good at developing a product
Specialization

33. A country who has a government run by a religion is referred to as a _____.
Theocracy

34. what 3 economic questions all economies answer?
What to produce?
How to produce?
For whom to produce?

35. Israel’s economy tends to lean more towards what type of economic system?
Market

36. Mixed...with some Command
What kind of economic system does Saudi Arabia have?
Mixed...with some Command

37. What country in the Middle East has the most successful economy?
Israel