The planet known for having large amounts of iron oxide in its soil and polar ice caps is

The planet known for having large amounts of iron oxide in its soil and polar ice caps is Mars. Mars is actually the second smallest planet in our solar system. It is actually the fourth planet from the sun. This planet is also known by the name of Red Planet because of its red soil. This reddish color of the soil is due to the high content of iron.

Build a market-oriented economy;

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