How has Israel’s lack of oil affected that country’s economy?

Why are oil and gas such valuable natural resources?

What is human capital?

What is an entrepreneur?

Why do most economies in the world today operate somewhere in between a market economy and a command economy?

What is “economic specialization?”

Saudi Arabia specializes in the production of

In my country, we don't rely on currency (money) so much. Instead we trade goods for other goods. I live in a

In my country, the government has decided how much salary I will get, how much I can charge for my product, how much I can produce and how much I am allowed to sell. I live in a

In my country, prices and trade are not regulated. We charge whatever people are willing to pay and the price goes up and down based on supply and demand. I live in a

In my country, we let people charge what they will for their goods, but we do not allow people to flood the market to drive down the prices or gauge prices just because demand has temporarily increased. I live in a

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