Social Studies, 23.04.2021 18:00 Manuel2019

Israel’s economy is the most developed$ in Southwest Asia. Aid from the United States is a major reason this is true. Israel has an economy that is also technologically advanced. This has allowed Israel to make up for much of what the country lacks in farmland and natural resources. The Israeli government and private Israeli companies own and control the economy. Based on your knowledge, where on the Economic$ Spectrum above would Israel best be placed?

a)Traditional Economy

b)Socialism (or Mixed Economy)

c)Communism (or Command Economy)

d)Capitalism (or Free Enterprise Economy)

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