4 years ago

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

1 answer:

Rudiy274 years ago

8 0

North Korea is a socialist economy, meaning the state (country’s government) runs economic and social affairs. It is also a dictatorship government where President Kim Jong-un is the leader with full power. He is head of government and runs the socialist economy.

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