A) In North Korea, the government’s control of the economy has begun to loosen. In Cuba, the government maintains a tight hold over the economy. b) In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy. c) In North Korea, there is economic uncertainty in exchange for individual choice. In Cuba, there is economic security in exchange for government control. <span>d) In Cuba, there is economic uncertainty in exchange for individual choice. In North Korea, there is economic security in exchange for government control.</span>
Supply is how much there is of a product. Demand is how much the product is wanted or needed by consumers. When supply is low, & demand for the product is high, it forces the price to go up.
