Have north korea and south korea meet their economic goals since 1953?
North Korea uses its own form of Socialism, Juche. It is highly centralized. Its economic development was successful and rapid after the Korean War. However, in the 1980's North Korea's neighbor, South Korea surpassed it economically. Along with natural disasters and the collapse of the Socialist Market namely the U.S.S.R. led to the economic collapse of North Korea. Since then it has allowed special free market investment areas and is slowly recovering.
South Korea is a country located in Asia. It lies right of China and left of Japan. The original 'Korea' was divided into South and North Korea after the Korean War. A section lies between the two countries called the DMZ (demilitarized zone) where no weapons are allowed. In South Korea, since the Korean War, there has been remarkable economic rises. It's economy went from disastrous to marvelous. Now, it has a lot of technology…
Yes because north Korea is not Communist, but south Korea is. in south Korea they have absolutely zero freedom of speech. Answer: The previous answer is completely wrong. North Korea is communist and South Korea is a democracy. Most accounts assume that North Korea has almost no freedom of speach, however, much of what we know about North Korea is speculation, since it is the most isolated country in the entire world.
Korea is not a country. You mean either "North Korea" or "South Korea". The US did not declare war on North Korea or South Korea. Rather, North Korea declared war on South Korea, starting the Korea War. North Korea was backed by China and Russia, while South Korea was backed by the US (and UN). South Korea has always been an US ally, and have been supporting the US in all their wars since the…
well since SK (south korea) had a very high economic rise, SK is very successful and the country is hightech and improving everyday. However, NK (north korea) has been very UNSUCCESSFUL after the Korean War and is constantly suffering from loss of money, lack of people, and other economic challenges. So you could say that NK's country looks pretty beat up.
North Korea had a very high living standard, higher than the south until the 1980s. However since the economic collapse, unprecedented natural disasters, mismanagement, and famine in the 1990s and early 21st century North Korea's living standard has dwindled from its one high position to 99th in the world equivalent to that of Jamaica.