Question

On which side of the economic continuum does Saudi Arabia lie? PLEASE ANSWER ASAP A.It is a pure command economy, with the government controlling everything. B.It is becoming more mixed, but leans on the command side of the continuum. C.It is becoming more mixed, but leans on the market side of the continuum. D.It is a pure market economy, with individuals making all of the business decisions.

Answer 1

Answer:

B. It is becoming more mixed, but leans on the command side of the continuum.

Explanation:

Saudi Arabia’s government has strong control over major economic activities, which puts it on the command side of the economic continuum.Saudi Arabia’s government encourages entrepreneurs and private industries to assist in or contribute to the economy. This is a positive, as it shifts from a command-centered economy to a mixed economy. The mixed economy reflects the economic continuum, or level of government control, between a pure command economy and a pure market economy.

Answer 2

Answer:

A. It is a pure command economy, with the government controlling everything.

I hope this helps!