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The only real similarity is that the government takes a strong interest in controlling and co-opting industry. While both countries self-define as Communist States, most of the Chinese economy is actually capitalist, with stocks, private ownership, and large-scale privatization. North Korea, by contrast, has much more state ownership.
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What pairs of countries have come the closest to having purely command economic systems?
China and North Korea come the closest to having purely command economic systems.
What country has a similar economic system as North Korea?
There is no country in the world that has the kind of autarkic, state-run economy and shadow economy as North Korea, but the "country" that would come the closest would be Hamas-controlled Gaza.
What countries have a controlled economy?
If you are talking about countries, then there are lots of countries that have a controlled economic system, such as Venezuela, China, and Russia. Some economies have more government control than other and none are completely government controlled, except N. Korea perhaps.
What are the main economic activities in North Korea?
agriculture
What countries have the strongest economies?
In no particular order: The USA, European union, China, South Korea, Singapore, Taiwan and Japan all have very big and powerful economies. Economies are constantly changing...However the current strongest economic countries are the U.S, Japan, Germany, India,China, Russia,France, U.K.,Italy,Spain and Australia.South Korea is among them.
What pairs of countries have come the closest to having purely command economic systems?
China and North Korea come the closest to having purely command economic systems.
What countries have socialist economic systems?
Cuba, China, France, India, Korea, Portugal, Laos..
What pairs of countries have come closest to having purely command economic systems?
China and North Korea come the closest to having purely command economic systems.
Pairs of countries have come the closest to having purely command economic systems?
China and North Korea come the closest to having purely command economic systems.
What countries have come closest to having purely command economic systems?
China in the 1950s and North Korea today.
Is china helping North Korea?
YES. China provides economic AID and diplomatic protection for North Korea. It is North Korea's primary backer.
Is South Korea similar to the US or china?
no
Korea was similar to china in that it?
Discouraged contact with outsiders.
Is North Korea part of China?
No, North Korea is not part of China.North Korea and China is a different country.
Which countries have come the closest to having purely command economic systems?
North Korea, Vietnam, and portions of China are areas that come closest to having a purely command economic system. In a command economy, most economic decisions are made by the government rather than the free market.
What countries have a socialist Economic System?
Cuba, China, France, India, Korea, Portugal, Laos..
Why Korea was similar to china in that it?
Korea was a country settled and founded by Chinese from start. As a part of China, many Korean culture and language are from mainland China and people are not so different than Chinese genetically.
