East Asia at Work Quick Check

Question

Match the country with its type of economy.
Command Economy Mixed Economy

China South Korea. North Korea. Japan
Put these in the correct locations

Answer 1

Here’s the proper match between the countries in East Asia and their types of economies:

Command Economy

• North Korea

Mixed Economy

• China
• South Korea
• Japan

So you have:

• Command Economy: North Korea
• Mixed Economy: China, South Korea, Japan

Answer 2

Are you sure?

Answer 3

Yes, my previous response remains accurate based on economic classifications. Here's a breakdown:

• North Korea: This country has a command economy, where the government makes all major economic decisions.

• China: While China has significant government control, it also has elements of a market economy, which places it in the category of a mixed economy.

• South Korea: This country has a highly developed economy characterized by free market principles, hence it is classified as a mixed economy.

• Japan: Similar to South Korea, Japan operates a mixed economy with a combination of free market and government involvement.

So the classifications are indeed:

• Command Economy: North Korea
• Mixed Economy: China, South Korea, Japan

If you have any other questions or if there is any specific detail you’d like to discuss, feel free to ask!