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USA vs.

North Korea

By: Adrian Marquez

USA

Usa

  • Capitol city: Washington D.C
  • Population: 331 Million people
  • Language:English(American)
  • Religion:The majority of americans believe in christianity
  • Government: Democracy

North Korea

  • Capitol City: Pyonyang
  • Population: 25.55 Million
  • Language: Korean
  • Religion: Mostly Athiest, but some Buddhists and Christians

Exports

Usa Exports

North Korea Exports

Export/Imports

  • food and beverage
  • Crude oil/fuel
  • aircraft engines
  • auto parts and car tires
  • pharmaceuticals
  • Minerals
  • Clothing
  • agricultural products
  • fishing supplies
  • Iron/Steel

Imports

Imports

Usa Imports

North Korea Imports

  • Minerals/Fuels
  • Plastics
  • Furniture
  • Medical Equipment
  • Gems/Precious Metals
  • Petroleum
  • Cooking Coal
  • Machinery Equipment
  • Grain
  • Textiles

Import/Export Cont.

North Kore Top 3 Trade Partners

USA Top 3 Trading Partners

  • China
  • Pakistan
  • India
  • China
  • Canada
  • Mexico

Import/ Export Cont.

  • there factor of production is similar becausethey export different things but they also import similar things

USA Economic system

Economic system of USA and North Korea

  • The factors of production are controlled by the people
  • individuals and buisnesses make the economic decisions
  • The government cant take private property without reason
  • The government has a very laissez-faire aproach to things

North korea

North Korea economic system

  • They have a very isolated and controlled command economy
  • The government controlls the factors of production
  • the government also controlls the economic decisions
  • the governments role is mainly abuse their power with everything

Similarites/Differences

Similarities/Differences

  • Even though there are little similarities between the two they both overpoor money into their military and weaponry
  • In differences they are polar opposites because the us is very hands off but north korea is a heavilly command economy
  • north korea trys to be a communist country but are pushing towards totalitarian

GDP/Rank

USA

North Korea

Gdp/Rank

  • GDP:20.45 Trillion
  • GDP per capita:62,794.59
  • Rank: # 1
  • Usa economy/people are thriving
  • GDP 40 Billion
  • GDP per capita:$1,700
  • Rank: #42
  • their economy suffers because of the governments control

USA/North Korea tax structure

Tax Structure

  • North Korea has no tax structure they claim they are the only tax free country
  • USA tax is very structured and organized by separating into different parts
  • In conclusion they are polar opposites because north korea has no tax structure while the us has a very developed structure

Fun Facts

North Korea

Usa

Fun Facts

  • the US has the largest economy in the world
  • There has ben 27 versions of the american flag
  • The statue of liberty was a gift
  • It cost $8,00 to defect from north korea
  • They have one of the largest militarys in the world
  • They have thier own time zone
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