Which of the following is a similarity shared by the economies of Israel, Saudi Arabia, and Turkey?

A.
They are all command economies.
B.
They are all focused on oil production.
C.
They all face challenges with resources.
D.
They all export much more than they import.

1 answer

C. They all face challenges with resources.

While there are unique characteristics to each economy—Israel has a diverse technology-focused economy, Saudi Arabia is heavily reliant on oil, and Turkey has a mix of agricultural and industrial sectors—they all experience challenges related to resource management, whether it's the availability of water in Israel, oil dependency in Saudi Arabia, or economic stability in Turkey.