Japans Government and Economic System Japans government is

• The legislative branch consists of a bicameral body called the Diet. •

• Japan’s economy is a thriving market economy and one of the wealthiest

South Korea’s government and Economic System � � � The republic of Korea- Commonly

� � In the past few decades, South Korea has achieved tremendous growth to

North Korea’s Government and Economic Structure Kim Jung IL is given the title of

� � � Light industry though it has abundant natural resources. Agriculture and fishing

Vietnam’s Government and Economic Systems � � The government structure is based on the

The economy is a mixed/command system, with the VCP - Vietnamese Communist Party Controlling

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Japan’s Government and Economic System • Japan’s government is based on democratic principals adopted after WWII. • The government has three branches: executive, legislative, and judicial. • The executive branch includes the emperor, a prime minister, and the cabinet. • The emperor serves as the nation’s head of state; however, he has no real power. • He merely acts as the representative of Japan. • The prime minister leads the government had appoints the cabinet. • The cabinet helps the prime minster lead the country

• The legislative branch consists of a bicameral body called the Diet. • It consists of two houses: the House of Councilors and the House of Representatives. • Japanese citizens elect the members of the Diet who are responsible for making the laws of the country. • Japan’s supreme court heads its judicial branch. • It has complete independence and makes sure the other branches carry out their duties according to the constitution.

• Japan’s economy is a thriving market economy and one of the wealthiest in the world. • Prices of goods and services are based on supply and demand. • The government owns very little industry and trade remains mostly unrestricted.

South Korea’s government and Economic System � � � The republic of Korea- Commonly known as South Korea is based on democratic prinicple’s after WWII and the Korean War. It has a President and a Prime Minister. There are three branches of government: Executive, Legislative, and Juducal. There is a unicameral national assembly which members hold a 4 year term. Sufferage is Universal at 19.

� � In the past few decades, South Korea has achieved tremendous growth to pull them from the ruble of the Korean War. The economy has moved from a centralized government controlled type to a more market oriented one. They have become the United States 7 th largest trading partner. In addition, they have the 15 th largest economy in the world.

North Korea’s Government and Economic Structure Kim Jung IL is given the title of Eternal President of the Republic. � He is the General Secretary of the KWP( Korean worker’s Party). This gives him Supreme Power � Little is known about the Power and structure of the government despite what their Constitution outlines. �

� � � Light industry though it has abundant natural resources. Agriculture and fishing account for about 30 % of the economy. All economic activities are carried out in accordance with the state sponsored plans.

Vietnam’s Government and Economic Systems � � The government structure is based on the Vietnamese communist party. The party exercises its control in all areas.

The economy is a mixed/command system, with the VCP - Vietnamese Communist Party Controlling all economic decisions. � Their economy is agricultural based with some light industry. � �