<P> North Korea 's economy is a centrally planned system , where the role of market allocation schemes is limited , though increasing . Although there have been some small - scale reforms , as of 2015 , North Korea continues its basic adherence to a rigid centrally planned command economy , and its reliance on fundamentally non-pecuniary ( not readily quantified or valued in money ) incentives . There has been economic reform , particularly after Kim Jong - un assumed the leadership in 2012 , but reports conflict over particular legislation and enactment . </P>
<P> North Korea 's economy is a centrally planned system , where the role of market allocation schemes is limited , though increasing . Although there have been some small - scale reforms , as of 2015 , North Korea continues its basic adherence to a rigid centrally planned command economy , and its reliance on fundamentally non-pecuniary ( not readily quantified or valued in money ) incentives . There has been economic reform , particularly after Kim Jong - un assumed the leadership in 2012 , but reports conflict over particular legislation and enactment . </P>
what type of economic system does north korea have
what type of economic system does north korea have
a rigid centrally planned command economy
a rigid centrally planned command economy