Question

In 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

The correct answer to the question that is stated above is letter B. Command (Command Market)

In 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 Command Market.