Drag and drop the definitions and the countries to the correct economic system,

China during the Cold War Japan during the Cold War Mongolia during the Cold War

North Korea during the Cold War South Korea during the Cold War

Taiwan during the Cold War

Command Economy

Economy

Market Economy: Japan during the Cold War

South Korea during the Cold War

Taiwan during the Cold War

Command Economy: China during the Cold War

Mongolia during the Cold War

North Korea during the Cold War

Explanation:

During the Cold War, the world was roughly divided into market and command economies. The market economies dominated the democracies, while the command economies dominated the communist countries. Japan, South Korea, and Taiwan were all countries that moved toward modernization and westernization. They were developing market economies and became heavily industrialized under the guidance of the Western World, mostly the US. China, Mongolia, and North Korea were the opposite. They were under communist control, so they practiced command economies in attempt to be self-sustaining, and that was not really working very well.