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Which of the following represents an economy that is entirely controlled by a country’s government?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
How have the Israelis made up for their lack of resources?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
Abdul’s country has a mixed economy that lies closer to the command side of the economic continuum. Which statement is most likely true of Abdul’s country?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
In this country a single or centralized government authority decides what is produced. Which term identifies this type of economic system?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
Which industry does the government of Saudi Arabia heavily control?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
Israel’s economy is primarily based on
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
In which type of economy does the government decide what to produce and how to produce it?
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
Turkey’s economy continues to grow because
command economy
oil
command economy
Command
the number of important businesses run by citizens is growing.
high-tech equipment, agriculture, and diamonds
They have developed strong technology companies in their economy.
A. There is more government control of the economy than private investment and entrepreneurship is limited.
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