Geography, asked by aundriagrace, 3 months ago

North Korea has a _______________ (command/market) economy while the United States has a ________________ (command/market) economy.

The US and North Korea's economic systems share some things in common. For example _____________ and ______________________. On the other hand, the 2 economic systems are different because _________________________.

One advantage of ______________ and ____________ is ____________________.

One disadvantage of ___________________ and ________________ is __________

In my opinion, the best system is _______________________ because _________
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Answers

Answered by richasingh0103
0

Answer:

North Korea has a command (centralized) economy. The state controls all means of production, and the government sets priorities and emphases in economic development. Since 1954, economic policy has been promulgated through a series of national economic plans. The early plans gave high priority to postwar reconstruction and the development of heavy industries, especially chemicals and metals. Subsequent plans focused on resource exploitation and improving technology, mechanization, and infrastructure. Little attention was given to agriculture until the 1970s, and it was not until the late 1980s that much effort was made to improve the quality and quantity of consumer goods.

Answered by s172897
0

Answer:

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Explanation:

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