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33 Cards in this Set
- Front
- Back
- 3rd side (hint)
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What are the three economic questions? |
What will i make, how will i make it, and who will i make it for (who will consume or use) |
Think of who what when where why how but not all the words |
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What are the 4 types of economies? |
Market, mixed, traditional, and command |
Initials- M,M,T,C |
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Market |
The people are in charge of the economy with no government interference |
Not all _______ systems are pure________ |
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Mixed |
The most common, the people are in charge of the economy, but must follow government guidelines |
You do this to_________ a bowl of cake batter |
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Traditional |
Trade and barter, no money or currency is used |
"Trade"- itional |
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Command |
The government is in charge if the economy |
None, sorry. 😂 |
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What are the factors of production |
Natural resources, human capital, capital goods and entrepreneur ship |
None |
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What type of economy does israel have today? |
Mixed |
None, ya loser! |
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Israel specializes in... |
Diamond cutting and processing, health and hospital, high tech goods |
Ya freak, there are no hints... stop wasting your time and study |
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Issues facing Israel's economy? |
Few natural resources, limited arable soil, no oil, conflicts |
Not today brooo |
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Israel's literacy rate? |
The literacy rate is 97.1 provides a good solid education that improves chances of higher jobs and higher incomes |
Nope, loser |
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What kind of economy does turkey have? |
Mixed economy with service, manufacturing and agricultural, little oil unless you count OLIVE OIL |
Man! This just isn't your day 😂 |
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What is Turkey's economy based on? |
Agriculture (good soil)- top ten nations in the world for agriculture, textiles, food processing, and metal parts |
Nonnnnnnneeee |
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What are Turkey's min industries? |
Clothing, food/agriculture and equiptment |
Nooopeee |
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What is Turkey's literacy rate? |
94.1 this higher literacy rate helps the people find good jobs with higher incomes= higher GDP |
None, sorry loser! |
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What type of economy does saudi arabia have? |
Oil bases economy with much government control- considered a mixed economy even though the king controls the oil production |
Nothing |
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What is Saudi Arabia's economy bases on? |
OIL OIL OIL OIL OIL |
None |
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Saudi Arabia has only 1.5% of the land that is suitable for farming, what does this cause? |
The people must import large amounts of their food from other lands |
None |
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What is Saudi Arabia's literacy rate? |
87.2 this is low due to rhe limited number of females being allowed to attend school. Also poor education system that needs upgrading. |
No |
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Saudi Arabia's lower literacy rate has the following effect... |
Higher unemployment |
Not today broooo |
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What type of economy does Iran have |
Mixed |
None |
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What is Iran's economy based on? |
OIL, natural resources, natural gas, and coal |
No |
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What are Iran's major products? |
OIL, textiles, natural gas, and coal |
No |
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What is Iran's literacy rate? |
85% due to limited education run by the government that chooses rhe academic classes allowed |
No |
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What is Iran's GDP per capita? |
$13,000 per person, more than 18% live in poverty, 16% cannot find jobs |
None, sucka |
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How does lack of arable soil affect the nations without arable soil? |
Saudi Arabia uses their oil to purchase foods and other goods that they cannot grow. Israel uses special drip irrigation to grow their own food. Iran uses oil as well to purchase foodstuffs and items that they cannot grow |
None |
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What type of government does Israel have? |
Isreal has a parliamentary government today, which us a unitary system. The head of the government is the prime minister, Benjamin Netanyahu. They have a legislative body called the Knesset with 120 seats. The supremem court is the head of the judicial branch. Men and women can vote once they reach the age of 18. |
No |
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What type of government does Saudi Arabia have? |
Saudi Arabia has a monarchy, with king Salman being the current ruler. This is also a unitary system. He is both a government and religious official of the nation. There is no constitution, no political parties and the nation follows Sharia law (Islamic law). Men aged 21 or older may vote. There are many human rights violations including unfair trials and extreme physical punishments. Because the nation values its relationship with other nations they are working on these issues. |
Nope, sorry buddy. |
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What form of government does iran have? |
Iran is a theocratic Republic witht he supreme leader being the ayatollahs Ali Khameini and a president Hassan Rouhani. This is a unitary system. Both men ans women can vote once they reach the age of 18. The supreme leader is chosen for their lifetime and the president every 4 year. They have a national assembly with 290 seats. There us a supreme court with a four member high court that creates laws and policies. Their constitution guarantees them certain freedoms that are similar to ours, the government has the right to choose not to follow them. (Especially if they are contrary to Islamic law) |
None |
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Parliamentary democracy |
For of government in which people vote for the legislative body, which in turn selects the prime minister. |
Hahahha noooope |
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Presidential system |
The roles of the head of state and head of government are given to one person- the president. The leader is elected in a separate election by the people. |
Nope |
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Monarchy |
A form of government in which power is vested in hereditary kings and queens who governs in the interests of all. |
Noooopppe |
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Theocratic Republic |
Iran's government is led by both a president and powerful religious leader known as a ayaotllah. See Iran's government. |
Nope sorry man |
