More investment in citizens might most help North Korea develop economically.
By investing in the education, healthcare, and overall well-being of its citizens, North Korea can improve its human capital and productivity. This can lead to the development of skilled labor, innovation, and entrepreneurship, which are essential for long-term economic growth.
Additionally, investing in citizens can contribute to a stronger consumer base and domestic market, stimulating domestic demand and economic activity. This can potentially attract foreign investment and trade opportunities, as other countries may be interested in tapping into North Korea's growing market.
However, it is important to note that North Korea's economic development is a complex issue with multiple factors at play. While investing in citizens can contribute to economic growth, it is also crucial to address other areas such as infrastructure development, political stability, and opening up to global markets through trade and investment.
Which policy might most help North Korea develop economically
More investment in the military
More government control
More investment in citizens
More trade sanctions
1 answer
1 answer