Economic Systems in Israel, Saudi Arabia, & Turkey Quiz

What is the economic system of Israel?

• Traditional

• Command

• Mixed

• Free market

According to the Index of Economic Freedom, what percentage of Israel's economy is free?

• 90%

• 80%

• 60%

• 70%

Which industries are important in Israel's economy?

• Mining and agriculture

• Oil and gas

• Automotive and petrochemicals

• Textiles and electronics

What has put a strain on Israel's economy since its creation in 1948?

• High unemployment rate

• Large volumes of immigrants

• Government corruption

• Lack of skilled native labor

What was the main economic activity in Saudi Arabia before the discovery of oil?

• Agriculture

• Textile trading

• Mining

• Camel trading

What percentage of Saudi Arabia's economy is free according to the Index of Economic Freedom?

• 80%

• 50%

• 60%

• 70%

What is the main source of revenue for Saudi Arabia's budget?

• Textiles

• Tourism

• Oil

• Agriculture

What is the current unemployment rate in Saudi Arabia?

• Very high

• High

• Moderate

• Low

What was the initial economic system of Turkey when it became a country in 1923?

• Traditional

• Mixed

• Command

• Free market

What is the current economic rating of Turkey according to the Index of Economic Freedom?

• 65% free, 35% command

• 70% free, 30% command

• 75% free, 25% command

• 60% free, 40% command