The Pathetic Economy Of North Korea

The Pathetic Economy Of North Korea

Assessment

Interactive Video

Business, Social Studies

7th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses North Korea's aggressive militarism, condemned nuclear program, and oppressive government, highlighting its economic struggles. Despite initial post-war success with support from China and the Soviet Union, North Korea's economy declined due to mismanagement and military focus. The collapse of the Soviet Union worsened its situation, leading to debt and trade issues. Attempts at economic liberalization have been made, but the economy remains stagnant, with increased sanctions further hindering growth. The future remains uncertain as North Korea continues its militaristic approach.

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is North Korea's main economic weakness despite its aggressive militarism?

Lack of natural resources

High population density

Weak currency and poor economy

Over-reliance on foreign aid

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did North Korea initially recover after the Korean War?

By increasing trade with the USA

Through agricultural expansion

Through support from China and the Soviet Union

By adopting a capitalist economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor in North Korea's economic slowdown in the 1960s?

Discovery of new natural resources

Reduction in Soviet support

Adoption of a capitalist economy

Increased support from China

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event in 1980 significantly impacted North Korea's economy?

Increased trade with South Korea

Discovery of oil reserves

North Korea defaulted on its debts

The Korean War

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major geopolitical event in 1991 affected North Korea's economy?

The Korean War

The collapse of the Soviet Union

The reunification of Korea

The rise of China as a superpower

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was North Korea's approach to economic reform in the early 2000s?

Increased military spending

Adoption of a capitalist economy

Experimentation with small-scale entrepreneurship

Complete privatization of industries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did South Korea's economic strategy differ from North Korea's?

South Korea focused on military expansion

South Korea facilitated private enterprise

South Korea relied on natural resources

South Korea adopted a centrally planned economy

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