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  • 04-02-2021
  • Geography
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What type of Economic System does North Korea have?

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sbartn2002
sbartn2002 sbartn2002
  • 04-02-2021
The economy of North Korea is a centrally planned economy, where the role of market allocation schemes is limited, although increasing. As of 2020, North Korea continues its basic adherence to a centralized command economy :)
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