Economic Differences in the Middle East for Both Individuals and Nations

question 41

Multiple Choice

Economic differences in the Middle East for both individuals and nations is the result of

• A) differences between Islam and Judaism.
• B) Sunni Muslims and Shi'ite Muslims.
• C) the abundance of oil or the lack of it.
• D) whether the state is democratic or authoritarian.
• E) whether the state has access to sea shipping lanes or is land-locked.

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Definitions:

Advanced Economy

A term used to describe countries with a high level of income per capita and industrial development, along with a high Human Development Index (HDI).

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.

United Kingdom

A nation with sovereignty positioned to the northwest of mainland Europe, consisting of England, Scotland, Wales, and Northern Ireland.

Real GDP

Gross Domestic Product adjusted for inflation, providing a measure of the value of goods and services produced in a country using constant prices.