Answer: South Korea and North Korea took dramatically different paths following the end of their war in 1953. When it comes to their economies and living standards, they could hardly be more different. The two Koreas are separated by the demilitarized zone, a four-kilometer wide strip running along the 38th parallel which splits the Korean peninsula roughly in half. To the south of the DMZ, South Korea operates one of the world's most advanced economies, while to the north its neighbor is a military dictatorship that keeps a tight fist on the economy. The North continues to face challenges in food and nutrition among other difficulties.
Explanation:
Cuba is one of the countries that is currently adopting a mixed type of economy. By definition, a mixed economy takes place when the concepts of a market economy and a command economy are combined in a single system. For Cuba, there are some elements that their government are implementing economic policies however not risking the integrity of the free market.
I believe the answer is general environment.
Both of them essentially meant all the factors and conditions that affect economic situation in a nation as a whole.
This usually include things such as the legal policies that made by the government, The inflation rate that experienced, Resource availability, etc
