Final answer:
China, North Korea, South Korea, and Japan all have mixed economies. China and North Korea lean towards command economies, while South Korea and Japan have mixed economies that lean towards market economies. The degree of market orientation vs. command control varies amongst these countries.
Step-by-step explanation:
To match the country with its type of economy, it's important to understand that while no country has a fully command or market economy, they will lean towards one end of the spectrum based on their government's involvement in economic decisions. Considering the available information:
- China: Known for undergoing a transformation from a command-based economy towards incorporating market-oriented elements since 1978, China maintains significant government control over economic affairs, placing it closer to a mixed economy that leans towards command.
- South Korea: Often referenced as one of the Asian Tigers, South Korea's economy is very dynamic and competitive on the global stage, suggesting a mixed economy that leans towards market.
- North Korea: Is an example of a country with a heavily centrally planned economy and would be classified as a mixed economy leaning heavily towards command.
- Japan: While Japan's economy has significant government involvement, its strong emphasis on market practices and economic freedom places it as a mixed economy leaning towards market.
All of these economies are mixed to some degree, but they can be categorized based on whether they lean more towards command or market principles.