North Korea natural resources
North Korea has variety of seasonal changes thanks to the humid continental. During the monsoons it it benifits the cash crops. Rice and soyabeen is the main cash crops grown. Besides crpos North Korea has mant mines filled with rare non ferous metals. Iron, lead, manganeese, pyrite , and zinc are mined in this region. The Kalsong Industrilized Zone helps in the finding of these minerals. North Korea has a lot of coal and uses them for thermal enegry to produce electricity. Hydropower is also used for producing electricity. Most of the hydropower plants are near rivers along the Tumen and others.
Workforce
Education and jobs are availiable in North Korea today. Since with available resources, North Korea however doesn't rely on partnership with other country. Mostly males are in professions while females attend school and at a certain time return to the home. Most of them stay in the home whiles the others have a chance to work.[1] Since North Korea's main capital resources are rare metals it employs 64% of its workforce. This is one of their main exports and dependency in making their own materials and less of imported items. Manufacturing and mining is the largest contributer to its GDP.
http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-North.html
http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-North.html
Human Capital
North Korea is a country trying to improve and invest. However its a "up and down" slide in development. From the 1900's healthcare was a big threat in the country.[2] $1 a year per person for their health care is the least in comparison of every country in the world according to the World Health Organization (WHO). http://www.medicalnewstoday.com/articles/195051.php. Malnutrition served a big toll during the time. Today education can be a hand on hand ability for most of North Korea today. Enginerring, welding ,and tech is taught since its the only skills that can be used to benifit their development of a country. Technology is a less when it applies in getting their natural resources today. The only thing that will be keeping North Korea developing would be their mine fields of minerals. Its the main capital resource being invested keeping the country standing.
Currency
North Korean Won
[3]The Won is North Korea's currency.
Exchange Rate : 1 USD = 900 KPW
Total amt of money of the pic at the left is equivalent to $131.00
http://www.gocurrency.com/v2/dorate.php?inV=17625&from=KPW&to=USD&Calculate=Convert
Exchange Rate : 1 USD = 900 KPW
Total amt of money of the pic at the left is equivalent to $131.00
http://www.gocurrency.com/v2/dorate.php?inV=17625&from=KPW&to=USD&Calculate=Convert
Bibilography:
1.http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-North.html
"Korea, North - Location and Size, Population, Industry, Mining, Manufacturing, Construction, Services." Encyclopedia of the Nations - Information about Countries of the World, United Nations, and World Leaders. Web. 29 Jan. 2012. <http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-North.html>.
2.http://www.medicalnewstoday.com/articles/195051.php
Amnesty International, Christian Nordqvist. "North Korean Health Care System In A Shocking State." Medical News Today: Health News. Web. 29 Jan. 2012. <http://www.medicalnewstoday.com/articles/195051.php>.
3.http://www.gocurrency.com/v2/dorate.php?inV=17625&from=KPW&to=USD&Calculate=Convert
"Korea, North - Location and Size, Population, Industry, Mining, Manufacturing, Construction, Services." Encyclopedia of the Nations - Information about Countries of the World, United Nations, and World Leaders. Web. 29 Jan. 2012. <http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-North.html>.
2.http://www.medicalnewstoday.com/articles/195051.php
Amnesty International, Christian Nordqvist. "North Korean Health Care System In A Shocking State." Medical News Today: Health News. Web. 29 Jan. 2012. <http://www.medicalnewstoday.com/articles/195051.php>.
3.http://www.gocurrency.com/v2/dorate.php?inV=17625&from=KPW&to=USD&Calculate=Convert