Saudi Arabia

By:Zykev'onta Chester

Economy

Saudi Arabia is a mixed economy. Saudi Arabia most important resources is called oil. The oil is owned by the king. Most industries are control by individuals except for oil. Oil industries is control by the King. Consumers decides what to produce except for oil.1 USA dollar cost $3.75 in Saudi Arabia. Saudi Arabia currency is Saudi Riyal. It becoming a market economy. It is the largest country in the Arabian Peninsula. The population is 27 million including 8.4 million foreign residents. It capital is Riyadh