nevaehgilot7376
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  • 22-04-2022
  • Social Studies
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Which economic system describes North Korea?

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602654
602654 602654
  • 22-04-2022

The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increasing. As of 2021, North Korea resumes its basic adherence to a centralized command economy.

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