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Business, 17.07.2021 04:10 soccerjessie8701

What could explain why South​ Korea's gross domestic product​ (GDP) per capita increased so much faster since the 1970s than North​ Korea's GDP per​ capita? A. Resource allocation in South Korea is done much more efficiently than in North Korea.
B. South Korea has been better able to solve the coordination and incentive problems.
C. South Korea has a market​ economy, while North Korea is a command economy.
D. All of the above.

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What could explain why South​ Korea's gross domestic product​ (GDP) per capita increased so much fas...
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