HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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unfair
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mixed
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command
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traditional
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Detailed explanation-1: -With a large part of revenue now coming from private businesses, Saudi Arabia now has a mixed economy that rates as 64% free and 36% command.
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: -Comparison In 2021, Israel ranked 20 in the Economic Complexity Index (ECI 1.21), and 50 in total exports ($64.1B). That same year, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B).