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What happens to the economy South Korea and North Korea went to war?
Wiki User
∙ 8y ago
North Korea will be strong and insistent while South Korea will be near to defeat until the rest of world hurries to help it.
Wiki User
∙ 8y ago
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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.
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.
Does North Korea have an Command Economy?
North Korea has a command economy.that they developingsee link below
Is South Korea stronger than North Korea?
Yes, South Korea is stronger and more powerful than North Korea. North Korea is bigger than South Korea doesn't mean that South Korea is weaker than North Korea. North Korea= Bigger than South Korea but South Korea has a lot more military manpower than North Korea. North Korea has more space than South Korea but South Korea have more very well trained soldiers, stronger military than North Korea, more advanced tactical nuclear weapons than North Korea, smarter and more talented than North Korea.
Is south Korea have famine and poor economy?
No. You're thinking of North Korea
Is North Korea best Korea?
In my opinion, I disagree.No offence to them, but their activity is very old fashioned.So that's why I think SOUTH KOREA is betteri agree.you'd never find American's,Canadian's,ect. there!There is no best Korea. You can point out negative things about North Korea, but you can also point out positive things. Same goes for South Korea.I disagree. North Korea has a very bad economy right now. And South Korea has a good economy. Also South Korea is prospering and North Korea's economy is getting really bad. So I guess South Korea is better than 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.
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.
Is south korea a communist market economy?
No, South Korea had never been a communist country before.
How is Korea's condition doing?
In terms of Human Rights, the North and South Korea is not doing very well. However, the economy of the North and South Korea is really doing well.
Which economy is more successful North Korea or South Korea?
I am actually appalled that you ask this question, but I will answer it due to your lack of common sense. the answer is South Korea.
Why is south Korea rich and north Korea is not?
Why North Korea has not developed an economy comparable to South Korea is a complex issue. One reason is that North Korea has faced repeated sanctions from the UN. North Korea and South Korea had comparable economies until the mid-1970s. South Korea chose to embrace a Westernized Capitalist economy and was able to modernize alongside Japan and Taiwan in developing a first-world modern economy. Conversely, North Korea continued to become more autarkic and slide into increasing forms of state-planned economy. Without innovation and a strong private sector, North Korea's economy continues to shrivel whereas South Korea's economy continues to grow and develop.
