Question

Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows that Saudi Arabia's economy has attempted to move toward which economic system?

A)
market
B)
command
C)
communist
D)
traditional

Answer 1

Good Morning!

a) Market

Saudi Arabia, by opening up more opportunities for private businesses, indicates a market position, far from being communist or traditional, since it stimulates the growth of private property and accepts the establishment of international commerce in its territory.


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