ECONOMICS
TECHNOLOGY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which Southwest Asian country’s businesses are under the LEAST amount of government control?
|
|
Israel
|
|
|
Saudi Arabia
|
|
|
Iran
|
|
|
Syria
|
Explanation:
Detailed explanation-1: -Saudi Arabia is the world’s largest producer and one of the largest exporters to the U.S. Most are nationalized or government run.
Detailed explanation-2: -Turkey consistently ranks among the world’s top ten nations for agricultural output. The service industry makes up about half of Turkey’s economy, just as it does in Israel. Saudi Arabia has an oil-based economy with strong government controls over major economic activities.
Detailed explanation-3: -Today, Turkey is by far the largest economy in the Middle East, and it rates as 65% free and 35% command.
Detailed explanation-4: -The economy of Israel is a developed free-market economy.
There is 1 question to complete.