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Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. Which economic system did Saudi Arabia's economy h…

Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. Which economic system did Saudi Arabia's economy h…
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Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. Which economic system did Saudi Arabia's economy has attempted to move toward ?

A) market
B) command
C) communist
D) traditional

asked
User FlyingV
by
7.6k points

1 Answer

2 votes
A) market
The determination of good's prices via free market policies are in a market economy and many businesses are privately owned in this type of economy.
answered
User Itay Marom
by
8.1k points
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