How are the economic systems of North Korea and China similar?

Social Studies

2 answers:

adoni [48]3 years ago

8 0

D) Both systems have a centrally planned economy.

SVETLANKA909090 [29]3 years ago

8 0

the answer is: D.Both systems have a centrally planned economy.

In centrally planned economy, The government took control a large portion or all economic resources that exist in the country.

This economic system could be seen in both of those countries. In this system, the government has a large power to determine the type of goods can be produced by their citizens and people's ability to open a business tend to be a little bit restricted.

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