73.9k views
4 votes
Which middle east eastern country would you expect to have an economy that is more market-base than command-based? A) Iran B) Japan C) Isreal D)Saudi Arabia

User FruitJuice
by
5.0k points

2 Answers

3 votes

Answer:this answer is wrong! The correct answer is Easier!

Step-by-step explanation:

User Yhn
by
5.4k points
4 votes

Answer: D

Step-by-step explanation:

The market based economy is a kind of economy in which the ownership and control of resources is in the hand of private sector. In this system, there is free interplay of demand and supply and consumer is the king.

Command based economy is an economic system in which the key industries and resources are owned and controlled by the state. The state determine what to produce, how to produce, and for whom to produce.

User HydrUra
by
5.1k points