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.
North Korea's economy is a joke. It has the type of government that wont last long .
what is south koreas government called
Industrialization is a characteristic that describes the North's economy. Factories and railroads helped to build the economy in North America.
Factories and Mills
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.
mostly the state
The North had more factories than the South because the South relied on their agricultural based economy.
Korean
Dictatorship
China
the north was okay because they were industrialized and had many factories to make weapons and other material
It was because tariffs encouraged people to buy American products meaning it kept factories/companies in business. FYI: The North's economy relied on manufacturing(factories).