Analyze the chart. Which statement best describes a comparison between East Asian economic systems?
(1 point)
Responses
China's ecomomy is purely market based and Japan's economy is purely command.
China's ecomomy is purely market based and Japan's economy is purely command.
China's economy is purely command, and Japan's is purely market.
China's economy is purely command, and Japan's is purely market.
Taiwan's economy is less market based than that of North Korea
Taiwan's economy is less market based than that of North Korea
North Korea has a more purely command economic system than China.
The statement that best describes a comparison between East Asian economic systems is: China's economy is purely market-based, and Japan's economy is purely command.
Based on the information provided in the question, the statement that best describes a comparison between East Asian economic systems is:
China's economy is purely command, and Japan's is purely market.
To analyze the chart and determine the best statement that describes a comparison between East Asian economic systems, you need to carefully review the information provided. Look for indicators or data points that highlight the economic systems of different countries in East Asia.
First, evaluate the statements one by one:
1. "China's economy is purely market-based, and Japan's economy is purely command."
2. "China's economy is purely command, and Japan's is purely market."
3. "Taiwan's economy is less market-based than that of North Korea."
4. "North Korea has a more purely command economic system than China."
To find the correct statement, identify the economic systems of each country mentioned in the chart (China, Japan, Taiwan, North Korea). Look for information that describes whether the economic system is predominantly market-based or command-based.
Once you have gathered the relevant data, compare it to the statements. Determine if the statements accurately reflect the information provided in the chart. Consider any percentage values, data points, or explicit statements that distinguish the economic systems of each country.
After assessing the information, you can confidently select the statement that best describes a comparison between East Asian economic systems.