Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows that Saudi Arabia's economy has attempted to move toward which economic system?

A)

market

B)

command

C)

communist

D)

traditional

Question

History

Emely Marshall

5 February, 01:04

Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows that Saudi Arabia's economy has attempted to move toward which economic system?

A)

market

B)

command

C)

communist

D)

traditional

+4

Answers (1)

Know the Answer?

Frank Logan · Answer 1

Good Morning!

a) Market.

The Arabs are far from being Communists and oppose this regime. The idea of a market economy is present in its thinking system and this is the practice adopted by Saudi Arabia. With the growth of private business, the market stance is evident.

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Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows that Saudi Arabia's economy has attempted to move toward which economic system?A)marketB)commandC)communistD)traditional

Since the early 1980's, Saudi Arabia has made significant effort to attempt to have more privately owned businesses. This shows that Saudi Arabia's economy has attempted to move toward which economic system?

A)

market

B)

command

C)

communist

D)

traditional