How Oil and Water Affect The Middle East

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Presentation transcript:

How Oil and Water Affect The Middle East

Geographical and Economical Questions (EQs) How does geography politically and economically affect the Middle East? What is a Cartel?

Vocabulary Terms Cartel Price Fixing OPEC Anti-Trust Laws Oil Fossil Fuels Renewable Resources Desalination Arable Land

Vocabulary Continued… Cartel An agreement among businesses. It is a formal organization of producers that agree to coordinate prices and production. Price Fixing An agreement between business competitors to sell the same product or service at the same price. OPEC Organization of Petroleum Exporting Countries (OPEC).

OPEC Organization of Petroleum Exporting Countries (OPEC). Consists of : African: Algeria, Libya, Nigeria, Gabon South American: Venezuela, Ecuador South East Asia: Indonesia Middle East: Kuwait, Saudi Arabia, Iraq, Qatar, Iran, United Arab Emirates

The Middle East?

What comes to mind when you think about the Region of “The Middle East

Oil and Water How do the abundance or the shortage of natural resources like oil and water affect the Middle East? The resources of oil and water influence the region’s politics and economics.

Oil: The Countries That Have It. Saudi Arabia Iran Iraq Bahrain Qatar Kuwait

Oil: The Countries Who Do Not Have It Israel Egypt Turkey

Water: Those Who Have It Turkey Israel Iraq Egypt Left: Tigris River Top: Nile River (Cairo)

Water: Those Lacking In This Natural Resource Saudi Arabia Iran Bahrain Qatar

Making Inferences About Oil and Water In The Middle East

Take a look at your list… What inferences can you make about the commodities (have and have not) countries are likely to trade (both import and export)?

Lets Summarize

Explain Explain one way geography affects the politics of countries in the Middle East. Explain one way geography affects the economics of the Middle East.