Answered

Get personalized and accurate responses to your questions with IDNLearn.com. Find the information you need quickly and easily with our comprehensive and accurate Q&A platform.

In what ways are the economic systems different in America, China, and North Korea?

(A) America has has a socialist economy with some capitalist aspects, China has a mixed economy, and North Korea has a purely socialist economy

(B) America has a mixed economyChina has a socialist economy with some capitalist aspects, and North Korea has a purely socialist economy.

(C) America has a mixed economy, China has a purely socialist economy, and North Korea has a socialist economy with some capitalist aspects.

(D) America has has a socialist economy with some capitalist aspects, China has a purely socialist economy , and North Korea has a mixed economy .

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 :/)

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com has the solutions you’re looking for. Thanks for visiting, and see you next time for more reliable information.