103k views
20 votes
North Korea has a

economy in which the state plans and
controls all economic production.

options
-market
-mixed
-traditional
-command

2 Answers

9 votes
Answer:
Command Economy
Step-by-step explanation:
North Korea tells manufacturers what to produce, so there is no competition between companies.
In a Market Economy system, people themselves choose what to buy, sell, make, etc. Companies base their production on demand. They just make stuff that sells. This is Capitalism
In a Mixed Economy, there is a little of both. Some things are controlled by the government, but other things are more like capitalism.
Traditional Economies are somewhat prehistoric, in the sense that they are not about mass production and such, but about subsistence living.
User Benraay
by
4.7k points
10 votes

Answer:

D. command

Step-by-step explanation: