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7th Grade Social Studies Middle East Economics Unit Information Milestones Domain/Weight: Economics 25% Purpose/Goal(s): The intent of this unit is for students to increase their knowledge and understanding of the economies of Southwest Asia (Middle East).The economics domain builds on the K-5 economics; however, the focus shifts from the United States to how other countries answer the basic questions of economics. The enduring understanding theme that applies throughout this unit of study is production, distribution, and consumption. The students will understand how every country’s economy is a blend of command and market economies and will be asked to compare specific economies within the region being studied. Students will also learn the importance of voluntary trade and how it benefits Southwest Asia (Middle East). Content Map: Middle East Content Map (includes all domains) Middle East’s Economics Teacher Notes Prerequisites: General Economic Standards that apply to the Middle East Unit Length: Approximately 6 days Middle East Study Guide [all concepts] | Middle East Study Guide KEY Click on the links below for resources by Essential Question: EQ 6: How do the countries of Israel, Saudi Arabia, and Turkey answer basic economic questions? EQ 7: How do economic factors influence the Middle East? EQ 8: How does OPEC play a role in the world oil market? TCSS 7th SS Middle East Economics Unit Essential Question and Standard(s) 6. How do the countries of Israel, Saudi Arabia, and Turkey answer basic economic questions? Vocabulary Essential* Israel Turkey Saudi Arabia Standard(s): Supplemental** SS7E5c. [Standard Breakdown] Compare and contrast the economic systems in Israel, Saudi Arabia, and Turkey. Support Standards(s): SS7E5a. Compare how traditional, command, and market economies answer the economic questions of (1) what to produce (2) how to produce (3) for whom to produce SS7E5b. Explain how most countries have a mixed economy located on a continuum between pure market and pure command. SS7E6d. Explain why international trade requires a system for exchanging currencies between nations. TCSS *Essential Vocabulary listed in the GPS Standards **Supplemental Vocabulary listed in the state frameworks and/or other state document Resources [Back to Top] The Enduring Understanding for the lesson: Production, Distribution & Consumption - The student will understand that the production, distribution, and consumption of goods/services produced by the society are affected by the location, customs, beliefs, and laws of the society Middle East Economic Systems ppt Middle East Economic Systems Continuum Activity – Students do this activity as an activator. They use their previous knowledge of economic systems to read characteristics of three countries and predict which type of economic system is present in the country. Then, the students predict whether the characteristics describe Israel, Saudi Arabia, or Turkey. Discuss the activity and the results with students. Middle East Economic Systems Graphic Organizer – Either have students use their information from the continuum activity to fill in the graphic organizer or use the ppt slides to help students fill in the graphic organizer Middle East Economic Systems Summarizer Formative assessment (on thumb drive for SS7E5c) Chapter 19 and 20 from Carole Marsh economics review in preparation for quiz Oil Distribution power point Webquest 10/14/2016 Assessment SS7E5c. Sample Assessment Items 2 TCSS 7th SS Middle East Economics Unit Essential Question and Standard(s) 7. How do economic factors influence the Middle East? a. specialization b. trade barriers c. physical/human capital, natural resources, and GDP d. literacy rate e. entrepreneurship Standard(s): SS7E6a. [Standard Breakdown] Explain how specialization encourages trade between countries. SS7E6b. [Standard Breakdown] Compare and contrast different types of trade barriers, such as tariffs, quotas, and embargos. SS7E7a. [Standard Breakdown] Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). SS7E7b. [Standard Breakdown] Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP). SS7E7c. [Standard Breakdown] Explain the role of oil in these countries’ economies. SS7E7d. [Standard Breakdown] Describe the role of entrepreneurship. Vocabulary Resources [Back to Top] Essential* Pure market Quotas Pure command Embargos Mixed economy Exchange rates Continuum Currency Specialization Standard of Living Trade barriers Literacy Rate Tariffs Entrepreneurship Investment International trade Natural Resource (oil) Gross Domestic Product (GDP) Human capital (education/training) Capital (factories, machinery, and technology) Supplemental** The Enduring Understanding(s) for the lesson: Production, Distribution & Consumption - The student will understand that the production, distribution, and consumption of goods/services produced by the society are affected by the location, customs, beliefs, and laws of the society Economic Factors Matching Pair Cards Factors of Trade and Economic Growth Activity – Let students work in groups of 2-3 to complete the handouts Summarizing Strategy: Compare Iran’s economy to that of Israel or Saudi Arabia in terms of the presence or absence of economic factors. Additional Resources o Observatory of Economic Complexity: Israel o Observatory of Economic Complexity: Saudi Arabia o Observatory of Economic Complexity: Turkey o Observatory of Economic Complexity: Iran *Essential Vocabulary listed in the GPS Standards Assessment SS7E6a. Sample Assessment Items SS7E6b. Sample Assessment Items SS7E7a. Sample Assessment Items SS7E7b. Sample Assessment Items SS7E7c. Sample Assessment Items SS7E7d. Sample Assessment Items SS7G8e. Sample Assessment Items Formative Assessment for SS7E6 and SS7E7 Enrichment Activity using choice menu for differentiation (Chapter 19 and 20) Power point for SS7E6 and SS7E7 **Supplemental Vocabulary listed in the state frameworks and/or other state document SS7G8e. [Standard Breakdown] Evaluate how the literacy rate affects the standard of living. TCSS 10/14/2016 3 TCSS 7th SS Middle East Economics Unit Essential Question and Standard(s) 8. How does OPEC play a role in the world oil market? Vocabulary Essential* Organization of Petroleum Exporting Countries (OPEC) Standard: Supplemental** SS7E6c. [Standard Breakdown] Explain the primary function of the Organization of Petroleum Exporting Countries (OPEC) *Essential Vocabulary listed in the GPS Standards **Supplemental Vocabulary listed in the state frameworks and/or other state document TCSS Resources [Back to Top] The Enduring Understanding(s) for the lesson: Production, Distribution & Consumption - The student will understand that the production, distribution, and consumption of goods/services produced by the society are affected by the location, customs, beliefs, and laws of the society OPEC PowerPoint OPEC PowerPoint Notes OPEC Notes [students do not have to memorize the member countries of OPEC; the teacher notes states that students should recognize there are countries that are not in the Middle East that are members of OPEC] OPEC supplementary resource video (explains how oil was made/the importance of it/who has it/etc.) https://www.youtube.com/watch?v=UMxTZQgespU OPEC World View of who consumes the most oil: https://www.youtube.com/watch?v=imp082AMNH8 Enrichment opportunity webquest 10/14/2016 Assessment SS7E6c. Sample Assessment Items 4 TCSS 7th SS Middle East Economics Breakdown of Standards SS7E5: The student will analyze different economic systems. c. Compare and contrast the economic systems in Israel, Saudi Arabia, and Turkey. Know: Understand: Do: How the countries of Israel, Saudi Arabia, and Turkey answer the basic economic questions (what to produce, how to produce, and for whom to produce) An economic continuum is used to represent modern economic systems The economic continuum depicts the amount of government control of economic activity All of these countries have mixed economies that are found somewhere on the “economic continuum” A “traditional economy” is the foundation for every modern economy in the world (command, mixed, market) More government control shifts the country to the “command” side of the continuum. A pure (100% government) command economy cannot exist because it is impossible for the government to make every decision. Less government control shifts the country to the “market” side of the continuum. A pure (0% government) market economy does not exist because there is at least a minimal amount of government regulation in every modern nation. Changes in a nation’s economic rules, regulations, or policies can result in a shift on the economic continuum. [Back to Resources] Compare and contrast the economic systems of Israel, Saudi Arabia, and Turkey (DOK 2) Identify where Israel, Saudi Arabia, and Turkey would be located on an economic continuum based on characteristics from available texts (DOK 2) SS7E6: The student will explain how voluntary trade benefits buyers and sellers in Southwest Asia (Middle East). a. Explain how specialization encourages trade between countries. Know Specialization occurs when one nation can produce a good or service at a lower opportunity cost than another nation. Countries specialize in what they do best. Specialization is when a country does something very well. Understand: Specialization allows countries to produce goods or services more efficiently. Specialization can increase trade between nations Specialization can have positive and negative effects on an economy. [Back to Resources] Do: Identify how specialization has helped or hindered countries in Southern and Eastern Asia (DOK 1) SS7E6: The student will explain how voluntary trade benefits buyers and sellers in Southwest Asia (Middle East). b. Compare and contrast different types of trade barriers, such as tariffs, quotas, and embargos. Know A tariff is a tax on imported goods A quota is a limit on imported goods An embargo cuts off trade with another country TCSS Understand: Tariffs and Quotas can increase the price of imported goods Increased prices on imported goods allow domestic producers to compete more effectively in the market. An embargo is used when a country has political differences, in an effort to persuade a change in behavior (terrorism, communism, etc.) 10/14/2016 [Back to Resources] Do: Compare and contrast tariffs, quotas, and embargos (DOK 2) Identify the appropriate trade barrier based on characteristics provided in the text (DOK 1) 5 TCSS 7th SS Middle East Economics Breakdown of Standards SS7E7: The student will describe factors that influence economic growth and examine their presence or absence in Israel, Saudi Arabia, and Iran. a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). [Back to Resources] Know: Understand: Do: Gross Domestic Product is the total value of There should be a positive correlation Evaluate information presented in a chart or all goods and services produced in a country between investments in human capital and graph to determine the relationship between in a year. gross domestic product. investments in human capital and GDP The term “Human Capital” refers to the Changes in Gross Domestic Product can (DOK 2) education and training of the workers in a indicate the growth or decline of a nation’s Explain the relationship between investment country. economy. in human capital and GDP (DOK 2) Investing means to utilize resources with the Israel has made great investments in human Infer that there is a relationship between goal or expectation of increasing their value. capital. education levels and human capital in terms Saudi Arabia has invested in human capital. of people’s ability to produce income (DOK 3) Iran has not invested in human capital. Evaluate the level of education and training to see what impact it has on the GDP in the Middle East (DOK 2) SS7E7: The student will describe factors that influence economic growth and examine their presence or absence in Israel, Saudi Arabia, and Iran. b. Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP). [Back to Resources] Know Understand: Do: Gross Domestic Product is the total value of There should be a positive correlation Evaluate information presented in a chart or all goods and services produced in a country between investments in capital and gross graph to determine the relationship between in a year. domestic product. investments in capital and GDP (DOK 2) The term “capital” refers to the tools, Changes in Gross Domestic Product can Explain the relationship between investment equipment, or machinery used by a country indicate the growth or decline of a nation’s in capital and GDP (DOK 2) to produce goods and services. economy. Evaluate the level of investment in capital to Investing means to utilize resources with the Israel has made great investments. see what impact it has on the GDP in Israel, goal or expectation of increasing their value. Saudi Arabia and Iran have made oil related Saudi Arabia, and Iran (DOK 2) capital investments. TCSS 10/14/2016 6 TCSS 7th SS Middle East Economics Breakdown of Standards SS7E7: The student will describe factors that influence economic growth and examine their presence or absence in Israel, Saudi Arabia, and Iran. c. Explain the role of oil in these countries’ economies. [Back to Resources] Know: Understand: Do: The Middle East has a large amount of oil Saudi Arabia’s economy is based on the oil Utilize charts and/or graphs to recognize the reserves. industry and has contributed heavily to its impact oil has made on the economic growth Some countries in the Middle East have economic growth. of Israel, Saudi Arabia, and Iran (DOK 2) more oil than others. Israel has a very small amount of oil and it Explain how the presence or absence of oil Oil is a valuable natural resource and has a must utilize other resources for economic impacts a country’s economy (DOK 2) significant impact on the economy of a growth. nation. Iran has an oil based economy. SS7E7: The student will describe factors that influence economic growth and examine their presence or absence in Israel, Saudi Arabia, and Iran. d. Describe the role of entrepreneurship. [Back to Resources] Know Understand: Do: Entrepreneurs take risks to start a business. Governments can make it easier or harder for Use charts and graphs to explain the impact Israel is moderately open to entrepreneurs entrepreneurs to start businesses based on of entrepreneurship on the economic and it is relatively easy to start a business. the number of rules, policies, and fees that development of Israel, Saudi Arabia, and Iran Saudi Arabia is increasingly open to are required. (DOK 3) entrepreneurship. Entrepreneurs start businesses that create Explain entrepreneurship and its importance Iran is not open to entrepreneurship and it is jobs and influence economic growth. in economic development (DOK 1) very difficult to start a business. Explain if there is a lack of entrepreneurship, how has it affected development in these regions? (DOK 2) TCSS 10/14/2016 7 TCSS 7th SS Middle East Economics Breakdown of Standards SS7G8: The student will describe the diverse cultures of the people who live in Southwest Asia (Middle East). e. Evaluate how the literacy rate affects the standard of living. Know: Understand: Do: Literacy rate is the ability to read and write Standard of Living is used to indicate the average living conditions in various nations. There should be a positive correlation between the literacy rate and standard of living in a nation. Literacy rate and the standard of living indicate the health of a nation’s economy. [Back to Resources] Evaluate graphs and charts to determine how the literacy rate affects the standard of living and overall economic development in a nation (DOK 2) Evaluate the literacy rate in a country and make predictions about the standard of living (DOK 2) SS7E6: The student will explain how voluntary trade benefits buyers and sellers in Southwest Asia (Middle East). c. Explain the primary function of the Organization of Petroleum Exporting Countries (OPEC) [Back to Resources] Know Understand: Do: Most of the founding member countries of The stated purpose of OPEC is to provide Explain the role and function of OPEC in the OPEC are located in the Middle East (Saudi stability in the world oil market. world oil market (DOK 1) Arabia, Iran, Venezuela, Kuwait, Iraq) Member countries have large oil reserves. There are currently 12 member countries of Knowing the purpose or role OPEC serves in OPEC (2015). the world oil market is more significant than It was founded in 1960 memorizing the member countries. TCSS 10/14/2016 8