North Korea Is a Nation That Strives to Regulate All

question 77

Multiple Choice

North Korea is a nation that strives to regulate all aspects of the citizenry's public and private life. What type of society does North Korea exemplify?

• A) a totalitarian society
• B) a dictatorship
• C) a democracy
• D) an authoritarian society

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Definitions:

Marginal Output

The additional output that results from increasing the production input by one unit.

Total Output

The total value of all goods and services produced in an economy during a specific period.

Workers

Individuals engaged in any form of employment, contributing labor for the production of goods and services.

ATC

Average Total Cost, a term in economics that refers to the total cost per unit of output, calculated by dividing the total cost by the quantity of output produced.