Command Economy

Mixed Economy

china, south korea, north korea,japan

9 answers

China has a command economy system, where the government has significant control and influence over the economy. The government determines what goods and services are produced, how they are produced, and who receives them.

South Korea has a mixed economy, which combines elements of both a market economy and a command economy. While the country allows for private ownership and market competition, the government has a significant role in shaping the economy and regulating certain industries.

North Korea has a command economy, similar to China, where the government dictates and controls most economic activities. The state owns and operates the major industries and determines production and distribution.

Japan has a mixed economy as well, characterized by a strong emphasis on private enterprise and market competition, but with limited government intervention in specific sectors to promote economic growth and development.
Autocratic

Democratic

china, mongolia,taiwan ,japan
China is often considered an autocratic country, as it is ruled by a single-party communist government that exercises significant control and authority over political and social affairs.

Mongolia is a democratic country, where the government is elected by the people and there is a system of checks and balances to limit the concentration of power. Mongolia transitioned to democracy from a communist regime in the early 1990s.

Taiwan is also a democratic country, with a multi-party system and regular elections. It has a separation of powers and respects the principles of individual liberty, human rights, and the rule of law.

Japan is a parliamentary constitutional monarchy, which means it has a democratic system. Power in Japan is shared between the Emperor as a symbol of the state and the democratically elected government, which consists of a parliament called the National Diet.
Which policy might most help North Korea develop economically?

(1 point)
Responses

more investment in the military

more investment in the military

more government control

more government control

more investment in citizens

more investment in citizens

more trade sanctions
From an economic perspective, the policy that might most help North Korea develop economically would be more investment in citizens. By investing in education, healthcare, infrastructure, and other areas that improve the well-being and productivity of its people, North Korea would create a more skilled and healthy workforce, which could lead to economic growth and development. Additionally, investing in citizens could help improve living standards and overall quality of life in the country.
Which policy might most help North Korea develop economically?
pick answer
(1 point)
Responses

more investment in the military

more investment in the military

more government control

more government control

more investment in citizens

more investment in citizens

more trade sanctions
From an economic perspective, the policy that might most help North Korea develop economically would be more investment in citizens. By investing in education, healthcare, infrastructure, and other areas that improve the well-being and productivity of its people, North Korea would create a more skilled and healthy workforce, which could lead to economic growth and development. Additionally, investing in citizens could help improve living standards and overall quality of life in the country.
Which significant challenge does Japan face today?

(1 point)
Responses

lack of specialization

lack of specialization

unskilled workforce

unskilled workforce

scarcity of natural resources

scarcity of natural resources

too few trade partners
One significant challenge that Japan faces today is the scarcity of natural resources. As an island nation, Japan heavily relies on importing resources such as oil, natural gas, and minerals to fuel its industries and maintain its economic growth. The scarcity and dependency on these resources can pose challenges in terms of energy security and economic stability.
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