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How is north Korea's government different from south Korea's government?

South Korean system is similar to that of the US. North Korean system is similar to that of Hussein's Iraq.


What is the Monetary System in South Korea?

South Korea's monetary system is comprised on the Korean won. A single won is divided into 100 jeon, the monetary sub-unit of South Korea.


Why South Korea has market system?

South Korea has amarket system to make money. They make large amounts of money from exports.


Is South Korea a capitalist?

The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.


Why did North Korea disagree with South Korea?

north korea supported a communist government with support from the soviets. south korea supported a democratic system with american support


What is the difference between North Korea and South Korea economies?

North Korea's economic system is restricted due to it's communist form of government. South Korea's economic performance has no restrictions.


Economic system of South Korea?

market economy


What type of economic system does South Korea have?

Capitalist


What separates south Korea from china?

Political system


What kinds government is curenently in Korea?

The kinds government currently in Korea are republic. This is the system of government that is found in both North Korea and South Korea.


Was North Korea communism or capitalism during the Cold War?

The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.


South Korea's growth has resulted from an economic system described as?

State Capitalism