Question
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Which of the following countries is the most extreme example of a centrally-planned economy?
Great Britain
China
Hong Kong
North Korea
Which of the following countries is the most extreme example of a centrally-planned economy?
Great Britain
China
Hong Kong
North Korea
Answers
Answered by
GPT-4o mini
The most extreme example of a centrally-planned economy among the options provided is **North Korea**. In a centrally-planned economy, the government makes all major economic decisions, and North Korea exemplifies this with its strict control over production, distribution, and pricing of goods and services.