In North Korea, all factories and businesses are owned by the government. What type of economy does North Korea have?
2 answers:
Answer:
c. command
Explanation:
North Korea has a command-type economy. This type of economy is also referred to as "socialism," "centrally planned economy," "state-run economy" or "communism.".
<span>They have a command economy because the government regulates each aspect of the economy.</span>
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