it is like a capitalist economy
An absolute monarchy is a form of government (i.e. political system), and NOT an economic system. Absolute monarchies can employ a variety of economic models - it depends entire on the choice of the monarch. Your question is unanswerable, since the form of government and form of economics used by a country are orthogonal (i.e. independent of each other).
No. It is a conservative absolute monarchy with a capitalist economy.
Absolute monarchy
Yes
Oman is an absolute monarchy with aConsultative Council. In other words the Sultan allows a certain amount of latitude and is slowly giving his people more benefits and jobs. -But if he doesn't like something, it is short-lived.
the king makes the laws like in a absolute monarchy
i like bumb crack
Absolute Monarchy or Absolutism
Absolute monarchy
In an absolute monarchy, there is no limit on the power of the ruler. A constitutional monarchy imposes certain limits on the ruler's power. In the UK, the monarch's role is largely ceremonial.
Absolute Monarchy
The main difference between absolute monarchy and constitutional monarchy is that in an absolute monarchy, the monarch has absolute control and power, whereas, in a constitutional monarchy, the power of the monarch is limited by the constitution. Monarchy is a form of governance in which a single person acts as the head of state.
The difference between absolute monarchy and constitutional monarchy is that in the absolute monarchy, the monarch holds the supreme or absolute powers, whereas in the constitutional monarchy, the head of state is a hereditary or elected monarch