Organization of Petroleum Exporting Countries (OPEC): History & Purpose


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What does OPEC stand for?

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1. When was OPEC established?

2. What is the current number of members in OPEC?

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About This Quiz & Worksheet

Understanding what OPEC is and what it does is difficult. These study materials will help you test your understanding of the organization, why it was created, and why it has been important historically.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • What OPEC stands for
  • When OPEC was established
  • The current number of OPEC members

Skills Practiced

This worksheet and quiz let you practice the following skills:

  • Making connections - use your knowledge of OPEC to discuss its key characteristics
  • Critical thinking - use what you've learned about OPEC to see its history and role in global history in a different light
  • Knowledge application - use your understanding of OPEC to answer questions about its founding and current membership

Additional Learning

To learn more about this organization, review the lesson titled Organization of Petroleum Exporting Countries (OPEC): History & Purpose Role. This lesson covers the following objectives:

  • Examine the importance of the Baghdad Conference in 1960
  • Analyze the Yom Kippur War and the oil embargo on the U.S.
  • Explore reasons for OPEC's decline in the late 1980s
  • Define what OPEC is and why it was founded