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How did Chung Ju-yung change South Korea's economy?

his influence helped reshape the South Korean economy from one dominated by government projects and requirements to a civilian-controlled economy


People who controlled the south's economy?

They were called Planters He/Nor She You're Right Planters


How was the economy controlled?

How an economy is controlled depends on what system that economy is following. And economy can be controlled by the relationship between supply and demand, or by government fiat, for example. It can also be controlled by a country's relationships with other countries.


What is an economy controlled by the government?

An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.


Is it a free market economy or a government controlled economy in haiti?

It is a controlled by the government


Which group in the South controlled the economic and political life?

The English controlled the economy of the south. They settled along th Atlantic coast where they were interconnected with rivers and trade routes. This allowed for easy communication. Whenever trade was shipped out, it had to be passed through English colonies.


How did the U.S. government change during the war?

it grew and heavily controlled the economy


What type of economy is controlled by the government?

Command Economy


Which publicly controlled economy is the nearest a mixed economic system?

The publicly controlled economy which is the nearest to a mixed economic system is a socialist economy. The public will influence such an economy to a great extent.


In this type of economy the question of how many goods will be produces and supplied is not made by businesses?

Planned (command, centrally planned, or controlled) economy


The people who lived in the South built the region's economy around what?

Farming


What type of economy best fits this description The basic economic questions are answered by a group of government planners.?

Command Economy. An example would be North Korea.