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Law

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In North Korea, What part of the economy does the government regulate?

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Today at 11:42 AM

Answer: The economy of North Korea is a centrally planned system, where the role of market allocation schemes is limited, though increasing. As of 2015 North Korea continues its basic adherence to a centralized command economy.

Country group: Low-income economy

Currency: North Korean won

GDP by sector: agriculture: 22.5%; industry: 47...

GDP per capita rank: 178th (nominal, 2017); 1...

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