asked 128k views
1 vote
South Korea exports many of the parts that are on the cars we drive each day. Luckily, there are safety regulations in place to make sure these parts are safe for us to use. South Korea has what type of economic system? (PLEASE HELP!)

Traditional


Pure Market


Mixed Market


Command

2 Answers

5 votes
South Korea has a Market Economy.
answered
User Ahmar
by
8.1k points
0 votes
South Korea has a mixed market economy. This means they have a combination of private business and government control.
answered
User CyberCat
by
7.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.