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30 Cards in this Set
- Front
- Back
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Initially ME Oil was
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foreign owned.
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1977
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Another price hike, after 1973’s.
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1981-82
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Oil glut, supply exceeds demand
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Cartel
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Combination of firms working together to limit competition.
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Immigration
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Migration of workers from poor countries to wealthy ones. Palestinians.
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Nationalization
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Oil claimed by home countries. Iran (1950s); Libya; Iraq; Syria (1970s).
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OPEC (1960)
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Organization of Petroleum Exporting Countries. Example of cartel.
Sets production quotas for member countries. |
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OPEC Oil Embargo (1973)
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Result of Yom Kippur War:
OPEC wouldn’t sell to pro-Israel. Huge revenues for oil countries. Inflation resulted in Europe, US and Japan. |
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Unequal Distribution of Oil Reserves
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Much oil: Saudi Arabia; Iran; Iraq; Libya; Kuwait; other Persian Gulf nations. Little oil: Egypt; Turkey.
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Uses of Oil Revenue
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Improved living conditions, providing health & education.
Building projects. Weapons purchases. Support of terrorist organizations. |
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Ayatollah
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Highest level of Shiite religious leader.
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Hadith
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Book has guides for community.
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Imam
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Shiite religious leader.
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Koran
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Book in which God is revealed to Muhammad.
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Shari’a
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Shiite book has commentaries on Koran.
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Shiite
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Use Koran & way of Ali
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Sunnah
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Sunni book has acts & sayings of Muhammad
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Sunni
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Use Koran & Sunnah
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Ulema
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Experts in Islamic law & teaching
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Bazaar (marketplace)
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In a city, where goods exchange
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Bedouin
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Nomad that dwells in dessert.
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City dweller
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Professionals; skilled workers; factory workers.
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Fellahin
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Egyptian peasants.
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Nomads
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2 types: pastoralists; bedouin.
Family>Clan>Tribe |
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Pastoralist
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Nomad that raises livestock.
Berbers; Kurds. |
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Sheik
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Arab chief in Nomad groups.
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Villagers
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Over 50% of pop.
Near water source. Land not owned by peasants, but attempted. Status determined by land ownership & education. Council of Elders. |
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Traditional Family Life
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Patriarchal, male-dominated, Extended.
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Bride’s Wealth
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Provided by groom’s father, goes to bride’s family.
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Courtship
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Restricted, marraiges arranged.
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