The north korean government prevents individuals from setting up businesses in the country what effect does this have on the economy

The North Korean economy is based largely around self-sustainability. Everything is owned by the government, everything is planned by the government. How much, in which way, in what will be produced and consumed is planned by the government. This results in a very fragile economy above which always lurks the possibility of crack down. The slightest mistakes in the planning, or if some natural disaster occurs, always leads to huge economic problems. It is very common that the people are suffering from malnutrition because the planning didn't turned out as predicted. The economy has growth one year, stagnates another, drops in the next, and it is all very unpredictable.

recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.

answer; geography and region;