Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What economic system does Korea have?

Asia Economic Korea north system
0
Posted

What economic system does Korea have?

0 CommentsAdd a Comment

1 Answer

0

Korea is a country divided into two parts (still in a technical state of war with each other) with two entirely separate economic systems. North Korea has a Stalin-era, top-down command and control economy. This means all economic activity is directed or controlled by the government.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123