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North Korea has a command economy.
that they developing
see link below
Wiki User
∙ 8y ago
Wiki User
∙ 9y agoNo. It is North Korea that has a Communist Command Economy. South Korea has a free market economy with government regulation (much like the states of the European Union).
paulbenn
South Korea is capitalist. North Korea has an authoritarian version of state capitalism. Communism has no money or prices, hence no economy.
Wiki User
∙ 12y agoYes
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Where is command economy used?
A place that uses a command economy is North Korea.
What is the economy of North Korea would best be classified as...?
A command economy.
3 countries with a command economy?
Three countries with a command economy are, North Korea, Vietnam, and Cuba.
What are some Asian countries with a command economy?
North Korea is one
What is the best example of command economy?
North Korea, Iran and Cuba
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.
Where is command economy used?
A place that uses a command economy is North Korea.
Is North Korea Parliamentary or Presidential?
Neither. North Korea is a Command economy.
What economy does North Korea have?
yes
What is the economy of North Korea would best be classified as...?
A command economy.
What country currently has a command economy?
North Korea
3 countries with a command economy?
Three countries with a command economy are, North Korea, Vietnam, and Cuba.
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.
What are some Asian countries with a command economy?
North Korea is one
What are some examples command economy?
North Korea and Cuba are good examples of command economies.
What is the best example of command economy?
North Korea, Iran and Cuba
