Question

which statement about saudi arabias economy is true?
a saudi arabia is the world 3rd largest oil producer.
b most of the oil production is controlled by the government.
c the countrys oil industry is based completely on capitalism.
d only native saudis are allowed to work in the country oil fields.

Explanation:

• Option A: Saudi Arabia is typically the 2nd largest oil producer globally, so this is false.
• Option B: Saudi Aramco, a state-owned enterprise, controls nearly all of Saudi Arabia's oil production, meaning the government holds majority control. This is true.
• Option C: The oil industry is state-dominated, not based completely on capitalism, so this is false.
• Option D: Foreign workers are employed in Saudi Arabia's oil fields, so this is false.

Answer:

B. Most of the oil production is controlled by the government.