Economy

North Korea is one of the most least open economies in the whole world. After World War II Korea was split into north and south pieces and the north was taken over by the Soviet Union, who turned them into a Communist nation. From 1948-1994 Kim Il Sung made North Korea totally relient on itself by building heavy industries soly for itself. Kim Il Sung even isolated itself from other communist economies and his son continued to control the economy this way after his death. Today North Korea is still somewhat cut off from the rest of the world and exports mostly minerals, agricultural products, and textiles. North Korea only imports what it needs which is coal, petrolieum, and machinary equipment from only China, South Korea, Russia, and Singapore.
 * //Economy of North and South Korea//**
 * North Korea **

Since 1960 South Korea has been one of the most fastest growing economies in the world. It is now classified as a high income economy and and is one of the highest exporters in the world. South Korea is the worlds largest ship builder and fifth largest auto-mobile manufacturer, which is where they get most of their income. Even though South Korea is a now heavily industrialized nation they still rely on agricultural products, exporting rice, root crops, barley, vegtables, fruits, cattle, pigs, eggs, and fish. The only negative effect of South Korea's quick growth was that many of the industrial sites polluted the land around it, and the capital Seoul is now heavly polluted.
 * South Korea **

When there are gaps in technology between nations it would be easy for the more indusrialized nation to take over. The less industrialized country may need certain technologys that they can get from the more industrialized nation, which gives them power over the weaker one. This could lead to capitalisim from other countries.**
 * What happens when there are gaps in technology between nations?