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Unit 3 Review Game.

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Presentation on theme: "Unit 3 Review Game."— Presentation transcript:

1 Unit 3 Review Game

2 A. Traditional B. Market C. Command D. Public
In parts of some countries social roles and culture decide what is produced. Which term identifies this type of economic system? A. Traditional B. Market C. Command D. Public A. Traditional

3 A. Traditional B. Market C. Command D. Mixed
In what kind of economic system does the government own the resources and control economic activity? A. Traditional B. Market C. Command D. Mixed C. Command

4 A. Farmers B. Social roles and culture
In a market economy, what or who determines what to produce? How to produce? For whom to produce? A. Farmers B. Social roles and culture C. Government D. Business owners D. Business owners

5 Why do most countries have a mixed economy and not a pure market or pure command economy?
A) In most economic systems both government and citizens play an important role in the economy. B) In a pure command economic system the people enjoy capitalism and free enterprise. C) In a pure market economic system the government makes every decision about production. D) All countries in the world operate on a traditional economic system.

6 Where would Israel fall on the mixed economy continuum?
CIA.gov describes Israel’s economy this way: Israel has a technologically advanced market economy with plenty, though decreasing, government control. They have created strong foreign investment, tax revenues, and private consumption in recent years, setting the economy on a solid growth path. Where would Israel fall on the mixed economy continuum? A. about in the middle B. more toward a command economy C. more toward a market economy

7 Where would Saudi Arabia fall on the mixed economy continuum?
CIA.gov describes Saudi Arabia’s economy this way: Saudi Arabia has an oil-based economy with strong government controls over major economic activities. About 40% of GDP comes from the private sector. Where would Saudi Arabia fall on the mixed economy continuum? A. about in the middle B. more toward a command economy C. more toward a market economy

8 Where would Turkey fall on the mixed economy continuum?
CIA.gov describes Turkey’s economy this way: Turkey's dynamic economy is a complex mix of modern industry and commerce along with a traditional agriculture sector. It has a strong and rapidly growing private sector, yet the state still plays a major role in basic industry, banking, transport, and communication. Where would Turkey fall on the mixed economy continuum? A. about in the middle B. more toward a command economy C. more toward a market economy

9 A. Muslim B. Entrepreneur C. Financial advisor D. Political leader
Turkish businessman Aydin Dogan owns oil and gas manufacturing, as well as television networks and newspapers in Turkey. Such an individual is known as a(n) A. Muslim B. Entrepreneur C. Financial advisor D. Political leader

10 A. Israel B. United States C. Saudi Arabia D. Turkey
In which Middle Eastern country are you LESS likely to find entrepreneurs based on the country’s economic system? A. Israel B. United States C. Saudi Arabia D. Turkey C. Saudi Arabia

11 Which statement is true about the Organization of Petroleum Exporting Countries (OPEC)?
A) OPEC’s mission is to control the supply and price of oil. B) Not all Middle Eastern countries are members of OPEC. C) Some members of OPEC are NOT Middle Eastern countries. D) All of the above are true.

12 What effect does the presence of oil have on a country’s gross domestic product (GDP)?
A) Countries with high oil production have a higher GDP. B) Countries with high oil production have a lower GDP. C) Countries with high oil production have about the same GDP as those who don’t.

13 What effect does the level of entrepreneurship have on the standard of living in these countries?
A) A higher level of entrepreneurship has led to a higher standard of living. B) A higher level of entrepreneurship has led to a lower standard of living. C) A higher level of entrepreneurship has had little impact on the standard of living.

14 A. export oil to countries like Saudi Arabia and Iran
Each day Israel produces 100 barrels of oil, however, the country consumes 249,500 barrels a day. What must Israel do to meet its demand for oil? A. export oil to countries like Saudi Arabia and Iran B. import oil from foreign countries C. produce more oil D. wait for petroleum deposits to form

15 D) Both A and B are true statements.
Resources are unevenly distributed in the Middle East, including oil. Which statement is TRUE about the distribution of oil? A) It has made some countries wealthy while many others, without oil, have struggling economies. B) The uneven distribution of oil has caused conflict at times in the Middle East. C) It has created a strong sense of unity among Middle Eastern countries, and they share their profits equally. D) Both A and B are true statements.

16 Which statement about Southwest Asia (Middle East) today is TRUE?
Arab countries without major oil deposits often have weak economies and a lower gross domestic product compared to countries that do have major oil deposits. Oil is evenly distributed throughout the Middle East, therefore, each country is wealthy. Only Saudi Arabia has oil in the Middle East and can export to the rest of the world. All of the above are true.

17 Which statement BEST describes many of the Persian Gulf countries today?
A. They are overcrowded. B. They are agricultural centers. C. They have major oil deposits. D. They have plenty of fresh water.

18 B. currency exchange rate C. gross domestic product D. national debt
The total value of all goods and services produced in a country in a given year is often a sign of the standard of living in a country. What is this value called? A. literacy rate B. currency exchange rate C. gross domestic product D. national debt

19 A. human resources B. natural resources C. capital resources
Countries that provide health care, educational opportunities, and train people to become more skilled in the workforce are investing in ___________________. A. human resources B. natural resources C. capital resources D. None of these

20 After reviewing the graph above, what can you say is the relationship between the investment in
human resources and the Gross Domestic Product (GDP) per capita in these three countries? A lower investment in human resources has led to a higher GDP per capita. A higher investment in human resources has led to a higher GDP per capita. A higher investment in human resources has led to a lower GDP per capita. None of the above

21 A. abundance of oil, but a scarcity of water
Natural resources are not evenly distributed among countries. Which of the following correctly shows how the Middle East is an example of uneven distribution? A. abundance of oil, but a scarcity of water B. abundance of coal, but a scarcity of copper C. abundance of natural gas, but a scarcity of oil D. abundance of water, but a scarcity of phosphates

22 Which statement BEST explains how specialization encourages trade between countries?
A. The US imports oil from the Middle East while trade partners there rely on the US for food and technology. B. Iran’s trade is restricted by other countries due to embargos. C. Israel’s trade with neighboring countries is limited because of tariffs on imported and exported goods. D. Saudi Arabia’s membership in OPEC means other countries might put trade quotas on oil exports.

23 A. a tariff B. an embargo C. a quota D. wishful thinking
After Iraq invaded Kuwait in 1990, United Nations members cut off trade with Iraq hoping they would withdrawal from the small oil-rich country. This is called _________________. A. a tariff B. an embargo C. a quota D. wishful thinking B. an embargo

24 A. a tariff B. an embargo C. a quota D. rice-a-money
In the early 2000s the European Union charged a fixed fee and tax on brown rice imported from the U.S. This is called ________________. A. a tariff B. an embargo C. a quota D. rice-a-money A. a tariff

25 A. a tariff B. an embargo C. a quota D. free trade
Israel may put a limit on the quantity of a product imported from another country. This limits supply and would drive up the price. This would then help the Israeli companies who sell the same or a similar product because the import would be higher priced. This is an example of _________________. A. a tariff B. an embargo C. a quota D. free trade C. a quota

26 Why must a nation that trades with another country use a system for exchanging currencies?
A. To determine the value of one nation’s currency when compared with another country. B. To be able to see which country has more money. C. Countries today only barter (trade one good for another good) and do not use money. D. Countries today use a global form of currency called the Earth Dollar.

27 How has the arid climate of the Middle East impacted the development of agriculture/farming?
A. Farming has been made easier due to an abundance of rainfall that hits the region each year. B. Freezing winters and cool summers keep fertile soil from being blown away in sandstorms. C. Religious beliefs do not permit the farming of arable (farmable) land. D. Farming is very difficult because the Middle East receives very little rainfall.

28 A. They make the trading of goods more difficult.
What effect do physical barriers such as deserts and limited rivers have on the economies of the Middle East? A. They make the trading of goods more difficult. B. No effect on the economies in the region. C. They make the trading of goods easier. D. None of the above

29 Where are the industrial centers of the Middle East normally located?
A. Near the borders of other countries in an attempt to share natural resources, finished products, and energy sources B. In the middle of the desert regions to limit pollution in the urban areas (cities) C. Near rivers or other bodies of water for shipping, hydroelectricity, and waste dumping purposes D. In underground caverns to make use of groundwater resources

30 . Turkey’s dams on the Euphrates initially had what effect on the neighboring country of Iraq?
A. led to an increase in oil exports B. decreased available shipping routes from the Persian Gulf C. decreased the amount of travel on waterways D. led to an unequal distribution of water

31 A. Water pollution only occurs in OPEC member nations.
Which statement BEST explains how water pollution impacts irrigation and drinking water in the Middle East? A. Water pollution only occurs in OPEC member nations. B. Oil spills from drilling, refineries, and shipping leak into rivers and water supplies causing health hazards. C. Petroleum is an environmental friendly resource and does not pollute the water. D. All of the above

32 What is one way in which countries in the Middle East are adjusting/adapting to the limited amount of water resources available? A. They are using less salt in their meals and supplementing their diet with seawater. B. They are choosing to share water resources with their neighbors to insure that no one is affected by drought. C. They are building desalination facilities to remove salt from saltwater. D. They are cloning hydrogen and oxygen particles to create more fresh water.


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