Economy

Korea __ || centrally planned systems. -Natural resources include gold, coal, iron ore, limestone, and magnesite. -Products made are rice, corn, potatoes, soybeans, cattle, pigs, pork, and eggs. -Exports include minerals, manufactures, and agricultural and fishery products. -GDP, as of 2009, is $40 billion. ||= -Economy types involve electronics, vehicles, coal, and industrial. -Natural resources include coal, tungsten, graphite molybdenum, and lead. -Products involve rice, vegetables, fruit, root crops, barley, cattle, pigs, chickens, milk, eggs, and fish. -Exports include electronics (cell phones, and computers), telecommunications, vehicles, automobiles, machinery, steel, and ships. -GDP, as of 2008, is $1.358 trillion. ||
 * = __ North Korea __ ||= __ South
 * = -Has one of the only remaining



4. What happens when there are gaps in technology between nations? A. Certain nations become more powerful than others when they have greater technology. Things such as guns, missiles and explosives give more urbanized nations more power over others. 5. How does economic decision making become more global as the world becomes more interdependent? A. Each nation will have its own economy, and will no longer rely on others for economic safety and assistance. Economic decisions will be more crucial as interdependence escalates.
 * __Questions__ **