Explanation:
East Asia is an area usually considered to include China, Japan, North Korea and South Korea. Let's start with Japan. The economy of Japan is a free-market, capitalist economy, similar to most Western countries. It's the third-largest economy in the world, with particularly strong car and electronics manufacturing industries. Like many developed economies, most of its gross domestic product (GDP) comes from the service sector (73%), with most of the rest being a combination of industry (26%) and agriculture (1%). Japan has little in the way of mining or other primary industry.
<u>The Economy of China</u>
The economy of China is known as a socialist market economy, which involves a dominant state-owned sector, operating in an open-market economy. Despite criticisms of socialist economies in the West, China currently has the world's largest or second largest economy, depending on what measure you use. It's also the fastest-growing economy in the world.
Unlike many Western economies, less than half their GDP is based in the service sector. Services account for 48% of GDP, followed by industry at 43% and agriculture at 9% as of 2014. Much of the 43% for industry is manufacturing - China is the biggest manufacturing economy in the world. China is also part of the WTO, APEC and the G-20.
<u>The Economy of North Korea</u>
The economy of North Korea is a command economy, or an economy where production, investment, prices and incomes are all determined by a central government. Another way of wording this is to say that the economy is centrally planned and doesn't rely on the market to spread money and goods around. With less support from other communist countries, it has been difficult for North Korea to maintain a successful economy, and it's therefore one of the poorest countries in the world. Though it's hard to make estimates because so little information about the economy is known, and the currency of North Korea is not exchangeable.
There are several characteristics that are common to totalitarian regimes, including: Rule by a single party. Total control of the military. Total control over means of communication (such as newspapers, propaganda, etc…)
answer:
Las guerras napoleónicas tuvieron consecuencias dramáticas para la economía española. La Guerra de la Independencia tuvo un impacto demográfico mayor que cualquier otro conflicto militar, incluidas las guerras civiles, en la era moderna. Los agricultores sufrieron la confiscación de sus cultivos y la destrucción de su principal activo de capital, el ganado.
explanation:
The correct answer is: "There is a situation or shortage or of excess demand".
Rationing is an allocation system that is adopted in an economy when the amount produced cannot serve the whole demand and there is no price adjustment. This was the case during WWII. A possible rationing strategy could be "first come, first serve", for example or dividing the total output between the population and allocating a fixed ration for each person.
