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THE IMPACT OF OIL

z INDUSTRIALIZATION z REGIONAL DISPARITIES z FOREIGN

INVESTMENT z HIGH

INCOMES z MODERN-

IZATION

MIDDLE EAST

ARABIAN PENINSULA

OPEC consists of eleven oil-producing and exporting countries, from Africa, Asia, the Middle East, and Latin America.

Algeria Indonesia Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia United Arab

Emirates Venezuela

Page 9

THE MIDDLE EAST

z “MIDDLE” OF THE ISLAMIC REALM

z IRAQ, SYRIA, JORDAN, ISRAEL, LEBANON

z CENTER OF CONFLICT BETWEEN CHRISTIANS, JEWS, AND MUSLIMS

z SUNNI - SHI’ITE CONFLICT (WITHIN IRAQ AND THROUGHOUT THE REGION)

ARABIAN PENINSULA

z SAUDI ARABIA, KUWAIT, BAHRAIN, QATAR, UAE, OMAN, YEMEM

z OIL, DESERT, AND STRATEGIC LOCATION

z SAUDI ARABIA- 22.9 MILLION PEOPLE WITH THE WORLD’S GREATEST OIL RESERVES

THE EMPIRE STATES

z TURKEY, IRANIMPERIAL HERITAGE

z ARAB ETHNICITY GIVES WAY BUT ISLAMIC CULTURE CONTINUES

z HIGH MOUNTAINS AND PLATEAUS VS ROCKY AND SANDY DESERT

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