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Does North Korea have an Command Economy?
North Korea has a command economy.that they developingsee link below
Economic system of South Korea?
market economy
Was North Korea communism or capitalism during the Cold War?
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
Is South Korea communist country?
North Korea is communist, South Korea is democratic. Which means South Korea is not a communist.^0^
Who is communist north Korea or south Korea?
North Korea is communist South Korea is capitalist
What is the economic system North Korea?
wacha doin peeps!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What is South Korea's economy based on?
South Korea's economy is based on manufacturing, particularly electronics, automobiles, shipbuilding, and petrochemicals. It also has a strong technology sector, with companies like Samsung and LG dominating the global market. Additionally, South Korea has a strong focus on exports, with its economy heavily reliant on international trade.
Is South Korea still communist government?
South Korea was never a communist government; North Korea, however, remains communist.
What does North Korea produce?
They produce corn and rice and since they are a communist country the have a more poor economy than South Korea.
Did South Korea want to be communist?
South Korea fought communist during Korean War.
Is South Korea still communist?
No, North Korea is a communist nation.
Is the form of government practiced by South Korea communist?
NO. It is North Korea that is Communist. South Korea is a capitalist, liberal democracy.
