How are the three fundamental economic questions answered in North Korea?

A. These decisions are made by the country's elders who have had much experience in answering these questions.
B. Individuals, firms and the government interact in a market to make these economic decisions.
C. The government decides because North Korea is a centrally planned economy.
D. The United Nations decides because North Korea is a developing economy.

Question

25-06-2024
Business

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How are the three fundamental economic questions answered in North Korea?

A. These decisions are made by the country's elders who have had much experience in answering these questions.
B. Individuals, firms and the government interact in a market to make these economic decisions.
C. The government decides because North Korea is a centrally planned economy.
D. The United Nations decides because North Korea is a developing economy.

Sagot :

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