Why does South Korea have a higher level of real GDP per capita than North Korea?

Question

Quizplus · Accepted Answer

All of the given answers contribute to South Korea having a higher level of real GDP per capita than North Korea. South Korea has invested heavily in education and training, thus developing more human capital; it also has a higher level of physical capital, including infrastructure and technology; and it has a market-based economic system that provides better incentives for producers compared to North Korea's centrally planned economy.

Why Does South Korea Have a Higher Level of Real