Preview

Kim Jong-Un: Extreme Centrally Planned Economy

Satisfactory Essays
Open Document
Open Document
82 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kim Jong-Un: Extreme Centrally Planned Economy
Kim Jong-Un is the leader of an extreme centrally planned economy. A centrally planned economy is when the state/government makes economic decisions. The state can set prices for goods and determine how much is produced. North Korea practices this ideology to the extreme. North Korea is known as unreformed, isolated and a tightly controlled dictatorial command economy. The government resists economic reform. In this economy the role of the market's invisible hand is very limited because the government intervenes with every aspect.
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Ap World History Dbq Analysis
    • 1939 Words
    • 8 Pages

    Ap World History Dbq Analysis

    Kim Il Sung says that they have confirmed a two year plan for the restoration and development of the national economy. They need economic assistance to fulfill this plan and to strengthen the foundation of the economy. .…

    • 1939 Words
    • 8 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Perfect Example Of Machiavelli's Kim Jong Un
    • 167 Words
    • 1 Page

    The Perfect Example Of Machiavelli's Kim Jong Un

    In the fourth paragraph, under the subtitle The Prince, Vincent Barnett states that Machiavelli refers to all men as “ungrateful, fickle, liars, and deceivers.” He also states that men were not loyal, but greedy and self absorbed. Machiavelli also wanted the “prince” to make himself feared, but not hated.…

    • 167 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    How Did The Cold War Affect North Korea
    • 446 Words
    • 2 Pages

    How Did The Cold War Affect North Korea

    North Korea has a communist, state-run, one-man dictatorship. However, North korea has gone through many steps to get where they are today. In 668 A.d., Koreans were united by the Silla Dynasty. This dynasty united three kingdoms of Korea which included Silla, Paekhe, and Koruryo. After the unification, Korea obtained a more organized bureaucratic model which was in accord with China. This system divided the Korean peninsula into 9 different provinces. The system also included systems of ministries and bureaus. Later, in 1910, Japan colonized Korea. It is said that during this colonization, the Korean people suffered greatly. During this time period, Korea began to modernize and Pyongyang became the capital (center of attraction) of Korea. 35 years later, in 1945, the Cold War and 38th parallel divided the Korean people into North and South Korea. While the North had a more dictatorship structure, the South strived for a democratic system, which clashed.…

    • 446 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    How Did Joseph Stalin Get Nuclear Power In North Korea
    • 473 Words
    • 2 Pages

    How Did Joseph Stalin Get Nuclear Power In North Korea

    The year is 1948, Joseph Stalin has just appointed the leader of North Korea as Kim Il-Sung, and since that time the same family has been in power. Kim Il-Sung is the man who is responsible for North Korea’s drive to become a nuclear power to this day. It was his demand for nuclear weapons that pushed the regime in its search. Flash-forward, it’s 1994, North Korea under the leadership of Kim Jong Il, Il-Sung’s son, announces it’s intentions to retract from the “Nuclear Nonproliferation Treaty (NPT),” further confirming suspicions that North Korea had resumed its nuclear program (Arms Control Association, 2017) In May of 1996, president Bill Clinton places sanctions on North Korea not allowing exports or imports to the parts of the country deemed “missile-related.” (Arms Control Association, 2017). The effect of this was to cut off resources to an already starving country, but more importantly the citizens of this…

    • 473 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Anthem Vs North Korea Essay
    • 539 Words
    • 3 Pages

    Anthem Vs North Korea Essay

    Unlike the dystopian society which is ran by a group of people called the “World Council”, North Korea is ran by one person named “Kim Jong Un”. The leaders in the dystopian society are only considered high in ranking, and in North Korea the leader is considered a god. North Korea goes through famine while the dystopian society has a steady supply of food. People worship the leader of North Korea although in the dystopian society the people just give respect to the World Council.…

    • 539 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    North Korean Communism Up To The 1980s And China
    • 207 Words
    • 1 Page

    North Korean Communism Up To The 1980s And China

    According to the article “Comparison of Chinese and North Korean Communism up to the 1980s” by James Graham, North Korea’s and China’s communist country was established around the same time. The two countries were influenced from Marxism Leninism communist ideas. The People’s Republic of China formed in 1949 after winning the civil war again the nationalist. The Soviet Union occupied North Korea which allowed the society to replica Stalinist communist philosophies. The Chinese and Koreans government no longer represented the peasants and the working class. Both countries practiced a centralized society that was controlled by a select few. Mao aspired to bring the citizens closer to communism by having two movements the Great Leap Forward and…

    • 207 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Compare And Contrast American Education Vs North Korea
    • 1517 Words
    • 7 Pages

    Compare And Contrast American Education Vs North Korea

    Kim Jong-il is the leader of Democratic People's Republic of Korea (DPRK) or just North Korea. He is the one and only one that puts into place the policies of his country. This may sound irrational to America because they have the freedom do what they want and there are many rights granted to them. North Korea though is a complete dictatorship and their government has many strict rules. As far as education goes, there are many stern regulations that students must follow. In K-10 students must wear uniforms, learn about Communist morality, revolutionary history, Korean language and arts (with revolutionary themes), and the study of the lives of the Great Leader (Kim il-Sung) and the Dear Leader (Kim Jong-il). This sounds crazy and outlandish, but the facts are that North Korea is producing some of the most intelligent students in the world and if this is what it takes to get there, then so be…

    • 1517 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Who Is Kim Jong Un Inhumane
    • 675 Words
    • 3 Pages

    Who Is Kim Jong Un Inhumane

    Kim Jong Un, the North Korean president is a complete dictator when it comes to how he treats the citizens. In a video all about Kim Jong Un, it stated; “He executed all…

    • 675 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Korean War Affected North Korea's Economy
    • 278 Words
    • 2 Pages

    Korean War Affected North Korea's Economy

    The Korean War destroyed most of the country’s economy (Ember 1206). North Korea relied heavily on foreign aid from countries like the Japan and the United States (1207). The estimated cost of the war was between 67 billion to 164 billion dollars (Fincher 42). In the late 1900s, floods caused a famine and dropped the country’s economy (Ember 1207). Food aid had been provided but not since 2009 (“North” Central). Poverty increased and with the lack of food, crime increased (Ember 1207). During the war, production of weapons increased while the production of goods decreased (Fincher 34). In effort of reestablishing the economy, North Korea reinforced the industry by making them owned by state (Ember 1206). Around the 1950s and 1960s, Kim II Sung…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Examples Of Inhumanity In North Korea
    • 1672 Words
    • 7 Pages

    Examples Of Inhumanity In North Korea

    Since no export revenue is being generated, jobs are much harder to create along the seashores, as well as the inland cities and rural communities. North Korea is utterly dependent on imported oil, which was sold to them at a high cost from countries such as the former Soviet Union. Paul Liem, the chairman of the Korea Peace institute, argues that now North Korea must begin to import food, fertilizer, and other goods just so its economy can stay above water. However, North Korea continues to live by its traditional values in terms of foreign exchange, limiting imports on much needed goods from other countries. Holding back on aid from other countries is no simple task for a small country like North Korea (Liem 119). As North Korea scrambles to import much needed goods to an ever increasing population, a widespread famine would not be unlikely, which not only ravaged North Korean communities in the nineties, but is still happening to the bankrupt lower class who can’t afford the basic necessities that they need to…

    • 1672 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Essay On 1984 Dehumanization
    • 1025 Words
    • 5 Pages

    Essay On 1984 Dehumanization

    The new North Korean communist/dictatorship government was founded by Kim-il-Sung. Kim Jong un is currently ruling over North Korea with two iron fists. In this country, sectioned off from everyone else in the world, there are concentration camps and labour camps. In emmbassador for North Korea calims that there are no such things in his country; even though report after report claims that the “gross treatment of human life is happening there”. You are either put into these camps or born here. To be placed in the camps, you have to be deemed an enemy of North Korea. Sound hard? Not entirely. Ever notice in videos how every North Korean person is chanting, marching, yelling, praising? It’s for a reason. If you do not chant along with the crowd or praise Kim Jong un, you are called out and belittled by the crowd and then deemed an enemy of the state. Use of Violence and Terror to Maintain…

    • 1025 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    Propaganda In North Korea
    • 897 Words
    • 4 Pages

    Propaganda In North Korea

    North Korea was created on September 9, 1948 and has been run by Kim Jong Un since 2011. Kim Jong Un uses propaganda as a way to keep his citizens in fear of constant warfare. According to a Huffington Post article, Oh Ji-Heon said, “We were at war all the time, all year round.”…

    • 897 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Examples Of Power Corruption
    • 376 Words
    • 2 Pages

    Examples Of Power Corruption

    Kim Jong-Un is the prime minister- president of the North Korea country. Kim adjudicates the way of living for the Koreans in the north. For example, every citizen has to dress, socialize, and deliberate the same. To have absolute power Kim kills or tortures any type group or person who decides to oppose to his impression of life. He controls the mental stability of everyone from the wealthy to poor and government officials.…

    • 376 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Why Is Absolutism Necessary
    • 658 Words
    • 3 Pages

    Why Is Absolutism Necessary

    Besides the possible threat of nuclear weapons, North Korea is drowning in poverty. It has been proven that forty percent of the population of North Korea fall below the poverty line, and the average worker makes what would translate to $2 to $3 per month. I speak on behalf of several others when I say I will put up with this cruelty no longer. This…

    • 658 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Understanding Kim Jong Un
    • 775 Words
    • 3 Pages

    Understanding Kim Jong Un

    It’s time for Barack Obama to reassure any doubts about his 2009 Nobel Peace Prize and make a final, honest attempt at peace with Kim Jong-un.…

    • 775 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics