| A | B |
|---|
| In a traditional economy economic decisions are made by... | custom and habit |
| In a command economy economic decision are made by... | government leaders and planners |
| In a market economy economic decisions are made by... | consumers and the market |
| The economies of Israel | Saudi Arabia |
| In a command economy | economic decision are made by... government leaders and planners |
| In a market economy | economic decisions are made by... consumers and the market |
| In a market economy | who takes on the finanicial risk in starting a new business? individuals |
| The economies of Israel | Saudi Arabia |
| If a country does not invest in its human capital | how can it affect the country's gross domestic product (GDP)? GDP may go down because poorly trained workers will not be able to do their jobs as well. |
| How has Saudi Arabia's government used its national wealth to change the country? Improvements have been made in transportation | education |
| traditional economy economic system that relies on habit | custom |
| market economy economic system based on free enterprise | in which businesses are privately owned |
