Economic Systems in Israel, Saudi Arabia and Turkey

What is the basis of Israel's economy?

• Advanced technology and financial services

• Service, manufacturing, and agricultural industries

• Natural resources

• Oil reserves

Who makes most of the decisions about how and where to use the oil profits in Saudi Arabia?

• The government

• The King and his advisors

• Private ownership of businesses

• Individuals based on market price system

Which country is the world leader in oil production?

• None of the above

• Israel

• Saudi Arabia

• Turkey

Which country has slowly moved from a government directed economy to a more privately owned one?

• Turkey

• None of the above

• Israel

• Saudi Arabia

What is the main industry in Turkey?

• Oil production

• Service, manufacturing, and agricultural industries

• Natural resources

• Advanced technology and financial services

Which country has the highest amount of government regulation and control of the economy?

• The country at Letter A.

• The country at Letter B.

• The country at Letter C.

Which country is the most market-leaning of the three countries?

• The country at Letter A.

• The country at Letter B.

• The country at Letter C.

Which country has the largest economy in Southwest Asia?

• The country at Letter A.

• The country at Letter B.

• The country at Letter C.

Which country is being described by the statements in the box?

• Israel

• Saudi Arabia

• Turkey

Which country is being described by the statements in the box?

• Israel

• Saudi Arabia

• Turkey