Economics of Saudi Arabia and Arabian Peninsula
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Questions and Answers

What are the main ideas that influence Saudi Arabia's culture?

The main ideas that influence Saudi Arabia's culture are Islam, the Quran, and the Prophet Muhammad's teachings.

What national reform program was created by Saudi Arabia?

Saudi Arabia created a national reform program called 'Vision 2030'.

What was the major destruction to Kuwait's oil fields?

The major destruction to Kuwait's oil fields was caused by the Gulf War in 1990.

What two industries are major in Bahrain?

<p>The two major industries in Bahrain are banking and tourism.</p> Signup and view all the answers

What is the United Arab Emirates (UAE) composed of?

<p>The United Arab Emirates (UAE) is composed of seven small countries.</p> Signup and view all the answers

What is the main economic reliance for Oman's economy?

<p>Oman's economy is based on oil.</p> Signup and view all the answers

What has Yemen suffered from?

<p>Yemen has suffered from corruption, oil and coffee generate much of the national income, but Yemen is still the poorest country on the Arabian Peninsula.</p> Signup and view all the answers

Signup and view all the answers

Study Notes

Saudi Arabia

  • Created a national reform program to fight unemployment and increase job opportunities
  • Plans to shut down bureaucratic systems hindering economic progress
  • Wants to increase entrepreneurs and practice necessary skills
  • Aims to create more economic opportunities with new training programs

Other Arabian Peninsula Countries

  • Influenced by Islam and oil
  • Saudi Arabia shares the peninsula with other countries
  • Examples include Kuwait, Bahrain, Qatar, UAE, Oman, and Yemen

Kuwait

  • Oil discovered in the 1930s, making it rich
  • Iraq invaded Kuwait in 1990, causing major destruction to oil fields
  • Kuwait elected a legislature in 1992, with only men from certain families eligible to vote
  • Women gained the right to vote in 2005

Bahrain

  • Group of islands in the Persian Gulf
  • Monarchy with a legislature
  • Wealthy country, primarily from oil, but faced oil depletion issue in the 1990s
  • Now, banking and tourism are major industries

Qatar

  • Small peninsula in the Persian Gulf
  • Ruled by a powerful monarch
  • Approved a new constitution in 2003, giving more power to elected officials
  • Oil and natural gas drive its economy and is a wealthy country

United Arab Emirates (UAE)

  • Consists of seven tiny kingdoms
  • Profites from oil and natural gas
  • Modern, comfortable lifestyle facilitated by oil and natural gas
  • Relies on foreign workers more than citizens

Oman

  • Covers most of the southeastern part of the Arabian Peninsula
  • Economy relies on oil, but less oil wealth than other countries
  • Government works to develop industries like tourism and manufacturing

Yemen

  • Located on the southwestern part of the Arabian Peninsula
  • Has an elected government but suffered from corruption
  • Oil and coffee are major sources of income
  • Currently facing a devastating civil war, impacting civilians the most

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Description

Explore the economic reforms and historical influences across Saudi Arabia and other Arabian Peninsula countries. This quiz covers topics including Kuwait's oil economy, Bahrain's legislative changes, and Qatar's industries. Test your knowledge on how these nations have evolved and their current economic strategies.

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