Economic Systems
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- Words: 335
- Pages: 12
By: Joshua Hamm
Israel
is market economy and a little command economy , so it is mostly pure market. Saudi Arabia’s is a command economy , so it make it pure command. Turkey’s is market economy, so it make’s it a pure economy.
Israel
has a diversified, technologically advanced economy Israel has a mixed economy that is also technologically advanced. The Israeli government and private Israeli companies own and control the economy. Israel’s has a free market economies
Israel’s
have a free market economies. The country is a producer of hightech fixtures some crops, and slot diamonds. Israel has to import grain, oil, military technologies, and many other goods. Israel’s private consumption increased by 4% in 2005.
Saudi
Arabia also has a mixed economy. Saudi Arabia’s main export is oil. The oil industry has made the Saudi royal family all wealthy. Oil accounts for over half of the country’s economy. Oil funds the country’s education, defense, transportation, housing, and many more.
Saudi
Arabia experienced a significant contraction of oil revenues combined with a high rate of population growth. Saudi Arabia officially has about 260 billion barrels . Saudi Arabia is the largest exporter of natural gas in the world Saudi Arabia officially has about 260 billion barrels of oil reserves.
The
Republic of Turkey was founded in 1923 as the last nation-state that emerged when the Ottoman empire disintegrated after World War I. The government of Turkey controls the country’s economy. Turkey’s economy is not entirely a command economy. A large part of the country’s economy is based on farming.
Clothing
,textiles and so on are the country’s major business. The service commercial makes up about half of Turkey’s economy, as it does Israel’s economy. Turkey had a rapidly growing free economy. Turkey has been affected by the global financial crisis.
http://en.wikipedia.org/wiki/Saudi_Arabia http://en.wikipedia.org/wiki/Israel http://en.wikipedia.org/wiki/Turkey
Israel
is market economy and a little command economy , so it is mostly pure market. Saudi Arabia’s is a command economy , so it make it pure command. Turkey’s is market economy, so it make’s it a pure economy.
Israel
has a diversified, technologically advanced economy Israel has a mixed economy that is also technologically advanced. The Israeli government and private Israeli companies own and control the economy. Israel’s has a free market economies
Israel’s
have a free market economies. The country is a producer of hightech fixtures some crops, and slot diamonds. Israel has to import grain, oil, military technologies, and many other goods. Israel’s private consumption increased by 4% in 2005.
Saudi
Arabia also has a mixed economy. Saudi Arabia’s main export is oil. The oil industry has made the Saudi royal family all wealthy. Oil accounts for over half of the country’s economy. Oil funds the country’s education, defense, transportation, housing, and many more.
Saudi
Arabia experienced a significant contraction of oil revenues combined with a high rate of population growth. Saudi Arabia officially has about 260 billion barrels . Saudi Arabia is the largest exporter of natural gas in the world Saudi Arabia officially has about 260 billion barrels of oil reserves.
The
Republic of Turkey was founded in 1923 as the last nation-state that emerged when the Ottoman empire disintegrated after World War I. The government of Turkey controls the country’s economy. Turkey’s economy is not entirely a command economy. A large part of the country’s economy is based on farming.
Clothing
,textiles and so on are the country’s major business. The service commercial makes up about half of Turkey’s economy, as it does Israel’s economy. Turkey had a rapidly growing free economy. Turkey has been affected by the global financial crisis.
http://en.wikipedia.org/wiki/Saudi_Arabia http://en.wikipedia.org/wiki/Israel http://en.wikipedia.org/wiki/Turkey
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