THE ECONOMY OF SAUDI ARABIA

By:DEMARKUS WARREN DEC. 18

The main good used in Saudi Arabia is oil. The king controls the oil. The economy is 3.75. 3.75 is worth 1 dollar in the US. They're developing different industries to make more money. 68.34.
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Saudi Arabia is once using its "oil weapon" but instead of up prices and cutting supply , its doing the reverse. Oil prices continue to tumble down. They need to rise it back up. They perform low in monetary freedom, investment freedom, property rights, and freedom from corruption. The tax regime is competitive, and the overall tax burden is low.

They should continue to develop more industries. They can make more money than usual because they are making a lot of money from their main industry "oil" plus the other small industries. Its best to continue to develop more industries because their main industry is going to become extinct one day or taken from them in an oil war.