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Some reasons for South Korea's economic success are electronics, automobiles, telecommunications, shipbuilding, chemicals and steel. The reason for the recent downturn is because, South Korea has an export driven economy so the trade-war going on between Beijing and Washington is negatively affecting the electronic and telecommunication industry which is were most of South Korea's economic stability came from. Right now, South Korea is facing one of its worst two year growth periods in more than half a century
Explanation:seen above
<span>Monetary and Fiscal policy both impact our economy, and have similar goals such as trying to keep inflation at a low rate, helping to achieve full employment and maintain economic growth.The difference between monetary and fiscal policy is that monetary policy is typically implemented by a central bank, while the fiscal policy decisions are set by the national government.
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Answer:
Division of powers means splitting the powers and responsibilities of different branches of government. This is important to keep a system of checks and balances, which basically means that no single branch is too powerful.
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