No. Like most European countries, Israel maintains a free-market economy with strong state regulation as well as some state-owned companies.
Yes. Like most European countries, Israel maintains a free-market economy with strong state regulation as well as some state-owned companies.
Israel currently has a market economy. It was previously a command ecomony.
Israel achieved independence on May 14, 1948.
Israel does not have the best economy and it does need a little work... but what economy doesn't
The economy is efficient only when it has achieved full employment and full production
why is a strong economy important
Israel was a command economy by the 80's, but after a transition that finished in 1998 it is now a market economy.
Israel is the Eastern Mediterranean country that has the most diversified economy. Israel has a market economy, and in 2014, its GDP was $286.840 billion.
A large portion of Israel's economy comes from tourism. Another large portion comes from Israel's high-tech industries.
it had a strong economy
it helps with Israel's army and defenses