answersLogoWhite

0


Best Answer

North Korea does not have a mixed economy. It has a command economy or centrally planned economy because the government controls everything in north Korea.

User Avatar

Wiki User

โˆ™ 13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why does North Korea have a mixed economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is North Korea a mixed economy or market?

Yes.


Was North Korea communism or capitalism during the Cold War?

The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.


Is North Korea a command economy or a free economy?

North Korea has a command economy.


Is South Korea a capitalist?

The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.


Who controls North Koreaโ€™s economy and owns and runs all factories and farms?

Who controls the economy in North Korea? 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 continues its basic adherence to a centralized command economy.


Is North Korea Parliamentary or Presidential?

Neither. North Korea is a Command economy.


Does North Korea have an Command Economy?

North Korea has a command economy.that they developingsee link below


Does North Korea have a weak economy?

Absolutley there barely is even an economy North Korea mostly focus all their money to the military


Which of the following countries has a mixed economy?

ChinaSwedenUnited StatesNorth Korea


Does North America have a mixed economy?

No. It has a market economy.


What economy does North Korea have?

yes


What is the economy of North Korea would best be classified as...?

A command economy.