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Why does Saudi Arabia have A command economy?
Because, the Saudi government controls mostly the natural resources, the rail system, and the post company....etc. Other then that, the government does not own other things in other industries.
How can natural resources affect a nation's economy?
without natural resources government cannot sustain the needs and wants of the consumers.
Does the democratic republic of the Congo have a command economy?
No, the Democratic Republic of the Congo (DRC) does not have a command economy. It operates primarily as a mixed economy, where both private enterprise and government influence exist. While the government has significant control over certain sectors, particularly in mining and natural resources, many aspects of the economy are driven by market forces and private businesses. However, challenges such as political instability and infrastructure issues affect economic development.
On what natural resources was the new England economy based?
The New England economy is based on products from the forest and the sea
Which department is concerned with the efficient use of your natural resources in order to create a more production economy?
Energy.
Why does Saudi Arabia have A command economy?
Because, the Saudi government controls mostly the natural resources, the rail system, and the post company....etc. Other then that, the government does not own other things in other industries.
What are the effects of abundant natural resources on a country economy?
It stimulates the economy
What are the effects of abundant natural resources on country economy?
It stimulates the economy
How are Canada's natural resources important to the countries economy?
Canada's economy based on the industries associated whit these resources
How are Canada's natural resources important to the country economy?
Canada's economy based on the industries associated whit these resources
What natural resources was the southern economy base on?
Cotton
Who controls the natural resources in RUSSIA?
Government with delegated right people.
How can natural resources affect a nation's economy?
without natural resources government cannot sustain the needs and wants of the consumers.
What resources have changed venezuelas economy?
Oil and natural gas.
Which country has a strong economy but few natural resources?
Japan
On what natural resources was the New England economy basedand the southern economy what industries developed?
they developed an economy based on farming
What is an extractive economy?
"A resource-based economy, dependant on harvesting or extracting natural resources for sale or trade."
