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Economy and Governments in S.W. Asia

Economy and Governments in S.W. Asia. The Power of Oil. OPEC —Organization of Petroleum Exporting Countries Attempt to control oil production to increase price Does not work fully—not all oil countries joined Violence and conflicts effect the price of oil. Economic Modernization.

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Economy and Governments in S.W. Asia

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  1. Economy and Governments in S.W. Asia

  2. The Power of Oil • OPEC—Organization of Petroleum Exporting Countries • Attempt to control oil production to increase price • Does not work fully—not all oil countries joined • Violence and conflicts effect the price of oil

  3. Economic Modernization • Countries trying to improve economy and jobs • Socialism—gov. controls many or all parts of business, Saudi Arabia—works well, trying not to depend solely on oil • Mixed Economy -gov. controls some, many of the countries, Israel—farming and industry

  4. Diverse Governments • Many claim to be Republics—most not, really dictatorships • Constitutional Monarchy—Jordan, a king and elections of officials • Israel is only true democracy in the region • Islamic state—Iran, gov based on Islamic laws/rules

  5. Arabs United and Divided • Unite to destroy Israel • Unite because of language and culture • Divided –don’t want to share resources (oil) • Divided --religious differences (Sunni and Shiite)

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