Question

In North Korea, the government owns all factories and businesses. What type of economy does North Korea have?

Answer 1

hey... friend!!!......
¶¶¶¶¶There are different economic systems in the world. One main category is the Centrally Planned Economy or Least Open Economy that is implemented in North Korea. Here the government is the central authority that possesses all the country's resources. Government also controls all production and distribution.

Answer 2

hey friend......

here is ur answer..............

North Korea has a economy which is tightly controlled, saying that not even a single person can own a business.  

In other words, it’s a communist kind of a economy.

pls mrk it as brainliest!!