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Modern SW Asia
Abundance of Oil/Scarcity of Water
26
Geography
7th Grade
10/23/2008

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Cards

Term
Consume
Definition
To use up goods and services.
Term
Scarcity
Definition
Not enough of something.
Term
Goods
Definition
Items of value that can be seen and touched.
Term
Services
Definition
Actions that are of value to people and the society.
Term
Supply
Definition
Availability of an item.
Term
Demand
Definition
How many people want something & how much they're willing to pay for it.
Term
Capital
Definition
Money and Machinery used to make goods.
Term
Standard of Living
Definition
A level of material comfort as measured by the goods and services available to someone
Term
Produce
Definition
Create a good to be sold for a profit.
Term
Petroleum
Definition
Another name for oil.
Term
Deposit of Oil
Definition
A place where oil has collected underground.
Term
Extraction
Definition
The process of removing natural resources from the ground.
Term
Specialization
Definition
Concentration on a narrow range of products.
Term
Tariff
Definition
A tax on imported goods.
Term
OPEC
Definition
Stands for Organization of Petroleum Exporting Countries. Includes Iran, Iraq, Saudi Arabia, Kuwait; develop policies that benefit each other, raise and lower oil prices according to factors.
Term
Regulate
Definition
To control the amount of something.
Term
Diversification
Definition
To provide a variety of products.
Term
Now moving on to...
Definition
Scarcity of water!!!
Term
Exotic River
Definition
A river that has enough water to flow across a large, dry area because it begins in a wet region.
Term
Reservoirs
Definition
Artificial lakes that form behind dams, prevent floods and provide year round irrigation.
Term
Desalination
Definition
Process for removing salt from salt water in order to make it suitable for drinking.
Term
Water Rights
Definition
Agreements about how countries can use the water in a region.
Term
Oasis
Definition
A wet, fertile area in a desert that forms where underground water bubbles to the surface.
Term
Wadis
Definition
Dry stream beds.
Term
Fossil Water
Definition
Water that is not being replaced by rainfall.
Term
Arable
Definition
Land that is suitable for farming.
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