If North Korea and South Korea Were Both Equally Poor

question 78

Multiple Choice

If North Korea and South Korea were both equally poor in 1950, why has South Korea developed so much faster since then?

• A) The two countries have different language, cultural, and historical backgrounds.
• B) North Korea has an economic system that develops incentives.
• C) South Korea has maintained a more market-based economic system.
• D) South Korea began with a higher per capita GDP.

---

Definitions:

Communicate

The act or process of sharing or exchanging information, messages, or ideas through speech, writing, visual forms, or other mediums.

Empowered

Refers to giving power or authority to someone, often employees, enabling them to make decisions and take actions independently.

Free-Rein Leaders

Leadership style characterized by minimal supervision, allowing employees significant autonomy in how they complete tasks.

Minimal Communication

A communication approach that involves the least amount of information necessary to convey an idea effectively.