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13y ago

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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 a command economy or a free economy?

North Korea has a command economy.


What is one cause for the scarcity of consumer goods in North Korea?

because it is a command economy...the government controls it all


What is the best example of command economy?

North Korea, Iran and Cuba


Who controls centrally planned economy?

The central government, i.e. the government of the state in question. Take for example North Korea.


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 the current makeup of the Korean peninsula today?

north korea still controls north of the 38th paralull and south korea still controls south of the 38th paralell


What economy does North Korea have?

yes


What is the economy of North Korea would best be classified as...?

A command economy.