Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. question 16 of 18 bo 8 if north korea and south ko

Question 16 of 18 bo 8 If North Korea and South Korea were bothequally poor...

80.2K

Verified Solution

Question

Economics

Question 16 of 18 bo 8 If North Korea and South Korea were bothequally poor in 1950, why has South Korea developed so much fasterthan North Korea since then? The two countries have differentlinguistic, cultural, and historical backgrounds. North Korea'seconomic system is characterized by incentives to invest andinnovate. South Korea has maintained a more market-based economicsystem. South Korea began with a higher per capita GDP.

image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

One hundred years ago life ran at a much slower pace than it does today and...

Statistics
Q

What are the key elements of the HIPAA Security Rule?

Biology
Q

A bullet of mass 0.010 kg and speed of 100 m/s is brought to rest in...

Physics
Q

verify the assertion. (Subspace example) 1) The set of continuous real-valued functions on the interval [0,1] is...

Advance Math
Q

8 Let g x 2x 6 a Find g b Use compositions to verify that...

Calculus
Q

1 point Consider the linear system a Find the eigenvalues and eigenvectors for the coefficient...

Algebra
Q

Write an equation for the given ellipse that satisfies the following conditions Center at 1...

Algebra
Q

A company factored $49,000 of its accounts receivable and was charged...

Accounting
Q

Required information P7-6 (Algo) Analyzing and Interpreting the Effects of Inventory Errors LO7-5 [The following...

Accounting
Q

On March 10, 20X1, Indigo Company sold to Barr Hardware 230 tool sets at a...

Accounting
Q

4) Which of the following statements is true? 1. The direct labor budget begins with...

Accounting
Q

1- Revenue on account amounted to $4,200. Cash collections of accounts...

Accounting