Wednesday, February 9, 2011

The economic system in my country

The economic system in Iraq tends toward the  mixed system. Government, individuals, and religion determine the type of economic system there. People can choose their own business . The government regulates some area of business such as agriculture, trade, and oil export .In addition, religious laws control import food and beverages because some item are forbidden by Islam. Consequently, the economic system in Iraq is a combination between traditional system, command system, and market system.

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