0
What else can I help you with?
What type of economy does South Korea have?
South Korea has an export economy.
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.
What is the economy in South Korea?
average or command economy.
How would you categorize north Korea and south Korea's economic system?
· North Korea is a planned and isolated economy also they have a lack of arable land. But on the other hand South Korea they have an high-tech modern world economy South Korea joined the trillion dollar club of world economy.
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.
What is South Korea's GNP?
Try the related link below to information regarding South Korea's economy .
How do the economies of China and North Korea compare to South Korea and Japan's?
China and North Korea have poorer economy compare to South Korea and Japan.
What is South Korea's economy based on?
South Korea's economy is based on manufacturing, particularly electronics, automobiles, shipbuilding, and petrochemicals. It also has a strong technology sector, with companies like Samsung and LG dominating the global market. Additionally, South Korea has a strong focus on exports, with its economy heavily reliant on international trade.
Is south Korea have famine and poor economy?
No. You're thinking of North Korea
How do the governments of north and south Korea affect their economies?
The government of North Korea is mostly closed to the outside world. This makes for a pretty stagnant economy. The government of South Korea is more open, and has a more vibrant economy.
Does North Korea have an Command Economy?
North Korea has a command economy.that they developingsee link below
Is south Korea's economy dominated by agriculture?
No, South Korea's economy is dominated by the electronics industry. This consists of computer-related software, cell-phone technology, and household appliances (Samsung, LG, etc.). Another large part of South Korea's economy is the automobile industry (Hyundai, Kia). South Korea is currently the 5th largest automobile producer in the world.
