Economic Systems of SW Asia

Copy this chart on the back of your Economic System Notes

Israel Saudi Arabia Turkey Iran

Econ Freedom Index

Per Capita GDP

Exports

Imports

Trading Partners

Israel• Economic Freedom Index

–66.1%• Per Capita GDP

–$28, 800• Exports

–Computer software/hardware, cut diamonds, mobile phone parts

Israel

• Imports–Petroleum, coal, food, raw cut

diamonds• Trading Partners

–US, Europe, Canada

Saudi Arabia

• Economic Freedom Index–52.8%

• Per Capita GDP–$16, 744

• Exports–Oil, dates fruits, chemicals

Saudi Arabia

• Imports–Nearly everything ~ especially

food• Trading Partners

–US, Japan, Germany

Turkey

• Economic Freedom Index–60.8%

• Per Capita GDP–$13, 511

• Exports–Textiles (clothes), kitchen appliances,

tv’s, cars, ships

Turkey

• Imports–food

• Trading Partners–Europe

PURE COMMAND

PURE MARKET

ECONOMIC FREEDOM CONTINUUM

10 20 30 50 60 70 80 90 100400

Repressed FreeModerately free 60-70

Mostly unfree

Mostly free