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Herbert SW Asia Government & Economy
SW Asia Government & Economy
26
Social Studies
7th Grade
04/13/2013

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Term
Confederation
Definition
A group of countries who join together for a common purpose. Examples: OPEC, United Nations
Term
Gross Domestic Product
"GDP"
Definition
The dollar amount of goods and services produced in a country
Term
Human Capital
Definition
Investing in ____________ means training and educating people to be more productive. Results in GDP going up.
Term
Capital
Definition
Anything that can make a country or business more productive (ex: factories, equipment) Makes GDP go up.
Term
parliamentary democracy
Definition
Israel's government type
Term
monarchy
Definition
Saudi Arabia's government
Term
theocracy
Definition
Islamic Republic of Iran's government type
Term
Citizens can vote for members of the Knesset (parliament).  Citizens can also run for office
Definition
role of citizens in Israel's government
Term
Iran has elections, but they are fake. Political power is in the hands of the Ayatollah's, the religious leaders.
Definition
role of citizens in Iran's government
Term
King and ruling family have all the power. Citizens do not have a vote in the national government.
Definition
role of citizens in Saudi Arabia's government
Term
market
Definition
Israel's economy type
Term
Mostly command due to the government owning the oil industry
Definition
Saudi Arabia's economy type
Term
market
Definition
Turkey's economy type
Term
Organization of Petroleum Exporting Countries.
Definition
What does OPEC stand for?
Term
Confederation of countries that tries to control the world's supply and price of petroleum (oil).
Definition
What is OPEC's purpose?
Term
economic specialization
Definition
Saudi Arabia has few natural resources, so they focus on oil production and import other things they need. It encourages them to trade with other countries. What is this an example of?
Term
a tariff
Definition
Israel places a tax on olive oil coming from other countries so that people will buy Israeli olive oil because it is cheaper. What is the tax called?
Term
an embargo
Definition
Israel refuses to do any trading with Iran due to political conflict. What is this refusal called?
Term
a quota
Definition
If Israel only allowed 10,000 new cars to be imported to be sold in their country per year. What is this limitation called?
Term
Israel
Definition
Israel's literacy rate is very high. Afghanistan's is very low. Which country most likely has the higher standard of living?
Term
entrepreneurship
Definition
Taking the risk to start your own business
Term
democratic
Definition
Type of government in which citizens can vote for leaders and run for office.
Term
oligarchic
Definition
Type of government in which a small group of unelected people rule. Citizens have no control or vote.
Term
autocratic
Definition
Type of government in which one person rules while the citizens have no control or vote.
Term
Parliamentary democracy
Definition
This type of democracy has citizens elect leaders. The largest party's leader is the Prime Minister (head of country).
Term
Presidential democracy
Definition
This type of democracy elects leaders to be a legislature. They separately elect one person to be the executive of the country.
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