North Korea’s isolation has forced it to create its own capital goods. North Korea is also a nation which has a mountainous terrain and relatively few natural resources. What effect has this MOST LIKELY had on North Korea’s economy?
A
North Korea has developed a very efficient economy.
B
North Korea has low-quality capital goods which produce low-quality general goods.
C
North Korea specializes in industrial production but cannot adequately feed its people.
D
North Korea produces high-quality capital goods and produces general goods for its few trading partners.