Respuesta :
Easy, look at what all the economies mean, and then pick the one that best fits North Korea's economy.
Modern Economy: A type of economy where it focuses not only on source of production; it also looks at the role of demand, money supply, and its effect on free trade. (international trade with no tariffs/restrictions)
Market Economy: An economy in which decisions regarding distribution/production; are based on the market determined supply/demand.
Command Economy: This economy, the government decides what goods should be produced, how much, and the price of the goods.
Traditional Economy: An economy where traditions/customs/beliefs shape goods/services, along with rules and the manner of distribution.
Thus, C, command economy is your answer.
Modern Economy: A type of economy where it focuses not only on source of production; it also looks at the role of demand, money supply, and its effect on free trade. (international trade with no tariffs/restrictions)
Market Economy: An economy in which decisions regarding distribution/production; are based on the market determined supply/demand.
Command Economy: This economy, the government decides what goods should be produced, how much, and the price of the goods.
Traditional Economy: An economy where traditions/customs/beliefs shape goods/services, along with rules and the manner of distribution.
Thus, C, command economy is your answer.
It's C) Command Economy.
In a command economy, the government makes all decisions.
In a command economy, the government makes all decisions.