An agricultural economy where things are produced the same way there ancestors have.
An economy that is planned and controlled by the government.
An economic system where price is driven by supply and demand of individuals and business owners.
An economic system that has both government and private business owner and consumer control.
Israel has an advanced free market economy that is technologically advanced. Which economy is it?
Turkey is mostly free market with little government control. Which economy is it?
Saudi Arabia's economy is mostly oil based with much government control but there is also private business ownership. Which economy is it?
A tax on goods coming into a country.
A limit on the amount of a foreign good that can be imported.
A stopping of trade with another country for punishment.
What is the goal of the Organization of Petroleum Exporting Countries (OPEC)?
The percentage of people that can read and write.
An investment in the education and training of workers.
Countries that have high literacy rates and invest in human capital will have what kind of standard of living?
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