The war in Iraq is called this because the war is within Iraq, its not with any other country. Iraq is having civil wars. Iraq can not stabilize their government or economy.
The positive effects of the invasion of Iraq was that the people were free of a murderous dictator. The downside is that it inspired the latest murderous dictator.
The US taxpayer pays for their troops to be there add to this the uncertainty it has caused to the price of oil and you start to pay even more.
iraq's economy is mixed
Iraq's economy is based on The export and sale of petroleum products.
Iraq has a monachy dictatorship
no
yes it is
Who's economy? Iraq's or whom?
The Persian Gulf War led to severe economic sanctions imposed on Iraq, crippling its economy and leading to widespread poverty and hardship for its population. Additionally, the war resulted in significant destruction of Iraq's infrastructure, including its power, water, and healthcare systems, exacerbating the humanitarian crisis and contributing to long-term instability in the region. These effects weakened Iraq's ability to recover and rebuild in the years following the conflict.
A good paragraph about Iraq's economy is one that will focus on all aspects about the economy. This will include the main economic activities, economic trends, challenges to the economy and so much more.
Iraq has a market economy, but due to the lack of strong infrastructure, a traditional economy prevails in many of the outlying areas.