Let's analyze each statement based on the characteristics of the economies and governments of Israel, Saudi Arabia, and Turkiye.
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Production of goods and services and their prices are based on supply and demand.
- Israel: Yes, this describes Israel's market economy, which is primarily based on supply and demand.
- Saudi Arabia: Partially, as the government has significant control over the economy, especially in the oil sector, but there are aspects of supply and demand at play in other sectors.
- Turkiye: Yes, Turkiye has a market-based economy where supply and demand influence prices, though the government has some control over certain sectors.
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Citizens and businesses decide very little.
- Israel: No, citizens and businesses have considerable decision-making power in the economy.
- Saudi Arabia: Yes, the government has substantial control over the economy, limiting the decision-making power of citizens and businesses.
- Turkiye: Partially; while there is some decision-making power, the government does have substantial intervention in various sectors.
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The government is selling shares to the state petroleum company.
- Israel: No, this does not apply to Israel.
- Saudi Arabia: Yes, the Saudi government has been selling shares of Aramco, the state oil company.
- Turkiye: No, this does not apply to Turkiye.
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The government controls most of the country’s land, prices of food, and banking services, as well as electric, natural gas, and aerospace industries.
- Israel: No, while the government has some control, it does not control most sectors in this manner.
- Saudi Arabia: Yes, the government controls significant portions of these services and industries.
- Turkiye: Partially; the government has involvement in various sectors but does not control all listed aspects to the same extent as Saudi Arabia.
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The government controls mining, banking, and transportation industries, as well as sets the price on some agricultural products as well as electricity.
- Israel: No, the government does not control these sectors to this extent.
- Saudi Arabia: Yes, the government plays a significant role in these industries.
- Turkiye: Partially; while the government has some control in these areas, it doesn’t exert total control as described for Saudi Arabia.
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The government controls the oil industry but has started working with private companies to grow many industries.
- Israel: No, Israel does not have a substantial oil industry.
- Saudi Arabia: Yes, the government controls the oil industry and has been diversifying its economy by working with private enterprises.
- Turkiye: Partially; while Turkiye’s government influences the energy sector, it is not at the same level of state control as Saudi Arabia's oil industry.
Summary Table:
| Statement | Israel | Saudi Arabia | Turkiye | |---------------------------------------------------------------------------|--------|--------------|---------| | Production of goods and services and their prices are based on supply and demand. | ✔️ | ✔️ | ✔️ | | Citizens and businesses decide very little. | ❌ | ✔️ | ⚠️ | | The government is selling shares to the state petroleum company. | ❌ | ✔️ | ❌ | | The government controls most of the country’s land, prices of food, and banking services, as well as electric, natural gas, and aerospace industries. | ❌ | ✔️ | ⚠️ | | The government controls mining, banking, and transportation industries, as well as sets price on some agricultural products as well as electricity. | ❌ | ✔️ | ⚠️ | | The government controls the oil industry but has started working with private companies to grow many industries. | ❌ | ✔️ | ⚠️ |
(Note: "⚠️" indicates partial applicability.)
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