Market Economy: An economic system in which private individuals and businesses make decisions about production and consumption.
Planned Economy: An economic system in which the government makes decisions about production and consumption.
Mongolia during the Cold War: Planned Economy
North Korea during the Cold War: Planned Economy
South Korea during the Cold War: Market Economy
Taiwan during the Cold War: Market Economy
Drag and drop the definitions and the countries to the correct economic system.
(2 points)
and Economy
Market Economy
:: Mongolia during the Cold War
:: North Korea during the Cold War
::South Korea during the Cold War
::Taiwan during the Cold War
1 answer