Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
America, China, and North Korea are different in their economic systems because America has a mixed economy, China has a socialist economy with some capitalist aspects, and North Korea has a purely socialist economy.
What is a Mixed Economy?
A mixed economy is a type of economy which combines both private and state enterprises. It involve the use of a free market principle.
What is a Socialist Economy?
A socialist economy is that where the production is made directly for use by the citizens. Its essence is to bridge the gap between the rich and the poor.
What is a Capitalist Economy
A capitalist economy is one in which the factors of production are owned and controlled by private individuals.
Learn more about economy systems at https://brainly.com/question/491016
Answer:
(C) A Socialist Economy
(Sorry wrong question and I can't delete it :/)
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.
