Middle Eastern Oil Economics Quiz

Study Notes

Saudi Arabia shares the Arabian Peninsula with six other countries, all influenced by Islam and oil
Countries like Kuwait, Bahrain, Qatar, the UAE, Oman, and Yemen have monarchies and economies based on oil
Kuwait discovered oil in the 1930s and became wealthy, but the 1990 Persian Gulf War caused major damage
Kuwait's government is mostly controlled by a royal family, although 15% of citizens could vote. Women gained voting rights in 2005
Bahrain is a group of islands, wealthy due to oil, and has a monarchy with a legislature. The country's economy depended on oil before moving into banking and tourism
Qatar is a small peninsula ruled by a powerful monarch. A new constitution granted more power to elected officials in 2003. Economy depends on oil and natural gas
The UAE is a collection of seven small kingdoms, relying on foreign workers. Its economy is heavily dependent on oil and natural gas to provide comfortable lifestyles
Oman has an economy based on oil but is diversifying into tourism and manufacturing
Yemen is located on the southwestern part of the peninsula, has an elected government, but has suffered from corruption. Oil revenue was limited, with coffee and oil being important to the national income
Islam is a major influence on the people and culture of the Arabian Peninsula, alongside oil bringing wealth to most countries there