0
The North Korean economy is based on the sale of manufactured goods to the country of China. The North Korean economy also functions on the consumption of its own people.
Hailee Vandervort
Add your answer:
Earn +20 pts
Does North Korea have an Command Economy?
North Korea has a command economy.that they developingsee link below
What is the economy of North Korea would best be classified as...?
A command economy.
Where is command economy used?
A place that uses a command economy is North Korea.
Is North Korea economy capitalism?
No, it's communist.
How does the economy of Cuba differ from the economy of North Korea?
china uses their money for building and north korea uses theirs for nuclear warfare and capturing christains
Is North Korea a command economy or a free economy?
North Korea has a command economy.
Why does North Korea have a mixed economy?
North Korea does not have a mixed economy. It has a command economy or centrally planned economy because the government controls everything in north Korea.
Who controls North Korea’s economy and owns and runs all factories and farms?
Who controls the economy in North Korea? The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increasing. As of 2021, North Korea continues its basic adherence to a centralized command economy.
Is North Korea Parliamentary or Presidential?
Neither. North Korea is a Command economy.
Does North Korea have an Command Economy?
North Korea has a command economy.that they developingsee link below
Does North Korea have a weak economy?
Absolutley there barely is even an economy North Korea mostly focus all their money to the military
What is South Korea's economy based on?
strategy is a comprehensive overhaul of South Korea's economy,
What economy does North Korea have?
yes
What is the economy of North Korea would best be classified as...?
A command 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.
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 it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
