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Middle East Gov and Econ Flashcards | StudBud
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Middle East Gov and Econ
Middle East Gov and Econ
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Flashcards
32 cards
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Questions
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Answers
1
This is a type of gov’t where the citizens vote for the executive leader
Parliamentary Democracy
Direct Democracy
Presidential Democracy
2
What kind of government does Saudi Arabia have?
Federal
Democracy
Autocratic Monarchy
Parliamentary Democracy
3
The purpose is to encourage citizens to buy domestic products
tariff and embargo
free trade
embargo and quota
tariff and quota
4
"Chief executive is the Prime Minister" would fit under which letter?
C
D
A
B
5
The government that sets prices and decides what will be produced is a
Unfair competition
Market economy
Command economy
Traditional economy
6
A hammer is an example of
Capital Goods
Natural Resources
Human Capital
Entrepreneurship
7
What is the purpose of OPEC?
To regulate the consumpution of oil
To regulate the price of oil they exported toother countries
To regulate the price of oil they sell in member countries
8
Citizens vote for the leg. & the leg. elects one of themselves to be the executive leader
Direct Democracy
Parliamentary Democracy
Presidential Democracy
9
1 person makes all of the decisions. All other citizens have no decision making abilities.
Unitary
Democracy
Oligarchy
Autocracy
10
Which is not one of the 3 basic questions all economies must answer?
For whom to produce?
How to produce?
Where to produce?
What to produce?
11
A teacher is an example of
Entrepreneurship
Natural Resources
Capital Goods
Human Capital
12
People, rather than government, control the factors of production in a
Unfair competition
Command economy
Market economy
Traditional economy
13
"Unicameral Legislature" would fit under which letter?
C
A
D
F
14
What is an embargo?
A tax paid by the producer to sell goods in anothercountry
A ban on trade for economic or political reasons
A tax placed on goods coming into the country from overseas
A limit to the # of goods allowed into the country
15
All citizens have decision making ability when it comes to the gov’t
Democracy
Federal
Autocracy
Oligarchy
16
"Leader works independently of legislature branch" would fit under which letter?
D
A
C
B
17
What is the title of Israel’s chief of state?
King/Queen
Prime Minister
Chancellor
President
18
"Freedom of speech, religion press, assembly" would fit under which letter?
E
D
A
B
19
The head of gov't is the ceremonial leader and doesn’t have that much power in the government
False
True
20
When economic activities are based on ritual, habits, or custom, it is called
Unfair competition
Command economy
Market economy
Traditional economy
21
Steve Jobs is an example of
Human Capital
Capital Goods
Entrepreneurship
Natural Resources
22
Oil is an example of
Human Capital
Capital Goods
Entrepreneurship
Natural Resources
23
What is the title of Saudi Arabia’s head of gov’t?
Prime Minister
Ayatollah
King
President
24
"Women’s rights issues" would fit under which letter?
D
F
E
C
25
A tax placed on goods coming into one country from another
Tariff
Embargo
Quota
26
What type of citizen participation does Israel have?
Democracy
Autocracy
Federal
Oligarchy
27
The total amount of goods and services produced in a country in a year
GDP per capita
IDK
GNP
GDP
28
What kind of government does the Israel have?
Theocracy
Monarchy
Presidential Democracy
Parliamentary Democracy
29
"Islamic Law" would fit under which letter?
F
E
B
C
30
Why is it important for nations to have a system to convert from one currency to another?
Converting to different currencies makes goods cost less
Banks are not able to handle different kinds of currencies
So trade is possible b/w nations w/ different types of money
The dollar is the most valuable currency in the world today
31
The purpose is to force the foreign country to change something in their government.
tariff
free trade
embargo
quota
32
Reliance on trade with other countries to fulfill a country’s needs is called
free market
specialization
standards
consumption