Question

n Saudi Arabia, roughly 95% of the country's oil production is controlled by the government. This would suggest that most of Saudi Arabia is a ___ economy. A) Market B) Command C) Traditional D) Free Market

Answer 1

n a command economy, the government typically owns virtually all of the land. In addition, they also provide most of the capital since the majority of the buildings, machines, and tools are government owned.

Step-by-step explanation:

Answer 2

Since Saudi Arabia's oil production is controlled by the government then its economy is a command.