HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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mixed
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market
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command
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traditional
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Detailed explanation-1: -Examples include the economies of China, Norway, Singapore, and Vietnam-all of which feature large state-owned enterprise sectors operating alongside large private sectors.
Detailed explanation-2: -The government system is a republican parliamentary democracy; the chief of state is the president, and the head of government is the prime minister. Turkey has a mixed economy in which there is a growing private sector combined with centralized economic planning and government regulation.
Detailed explanation-3: -Iran is a mixed economy with a large state-owned sector. It is the world’s 21st largest by purchasing power parity (PPP). Some 60% of Iran’s economy is centrally planned. It is dominated by oil and gas production, although over 40 industries are directly involved in the Tehran Stock Exchange.
Detailed explanation-4: -Which of the following would reflect Israel’s mixed economy? A combination of privately-owned businesses and government regulations.