Economics of South and East Asia

How has Japan made up for its lack of natural resources?

• by importing raw materials and keeping them in storage

• by fishing

• by importing raw materials and exporting technology and finished goods like cars

• by creating natural resources

What type of economy does China have?

• mixed toward command
• mixed toward market
• pure market
• pure command

What type of economy does North Korea have?

• mixed way, way, way toward command
• mixed toward market
• pure market
• pure command

What type of economy does India have?

• mixed toward command
• mixed toward market
• pure market
• pure command

What type of economy does Japan have?

• mixed toward command
• mixed toward market
• pure market
• pure command

Why is North Korea poorer than most countries even though it has a wealth of natural resources? 

• North Korea has a crazy leader that spends the countries money building golf courses.
• Their natural resources aren’t valuable.
• North Korea gives them to South Korea.
• North Korea spends most of its money on the military and their technology is outdated.

Which country is closest to market on the continuum?

• Japan

• North Korea

• China

• South Korea

Which country is closest to command on the continuum?

• Japan

• India

• China

• North Korea

Which country is found near the center on the continuum?

• Japan

• South Korea

• China

• North Korea

Which country is found near the center on the continuum?

• Japan

• India

• South Korea

• North Korea