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What economic benefit would South Korea most hope to gain from this change?
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∙ 6y ago
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Increased foreign investment and employment
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∙ 6y ago
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Is both South Korea and North Korea are command economic country?
NO. Only North Korea is. South Korea is capitalist.
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.
What is the economic status of South Korea?
high
What type of economic system does South Korea have?
Capitalist
Economic system of South Korea?
market economy
What are the differences in social culture and economic structure of south Korea and north Korea?
nothing
What can South and North Korea benefit from each other?
money
Why is South Korea's people poor and hungry?
what are you talking about? I think you're confusing north Korea with south Korea. north Korean people are poor and hungry. south Korea is one of top 5% economic superpowers in the world.
How did South Korea benefit or not benefit from the US involvement and action in history?
The US actively supported South Korea and led to its formation during the three-year-period from 1945-1948 when the regime was crystallizing. It also galvanized UN support and supplied most of the troops to help South Korea defend itself against North Korean aggression and attempted conquest. To this day, thousands of US soldiers patrol the border between the two Koreas to protect South Korea from any future military conflict. South Korea also has also relied on the US for economic support, the most recent evidence of which is the US-ROK Free Trade Agreement.
What are main economic activities in South Korea?
religion traveling and ancient places
Are the main economic activities in South Korea?
religion traveling and ancient places
South Korea's growth has resulted from an economic system described as?
State Capitalism
