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Asia Economies
Question | Answer |
---|---|
type of economy that has business controlled by supply and demand, not restrained by government | free-enterprise |
type of economy of N. Korea where supply and prices are regulated by the government rather than market forces of supply and demand | communist |
economy that is centrally planned, government controls all means of production, and is based on cooperation rather that competition | socialist |
benefits of investing in China | more future customers and cheaper wages to pay company employees |
one-country, two-systems refers to this | communism and capitalism (free-enterprise) |
Employees in China work for _________ money. | less |
Japan has become known for _______________ products | high-tech |
a system for making and using money | economy |
Which of the Koreas offers more economic and social freedom to its citizens | South Korea |
Why do Americans buy products made in China? | cheaper prices |