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Episode 549: A Teenager's Guide to Doing Business in North Korea

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Episode 549: A Teenager's Guide to Doing Business in North Korea

Podcast

Episode 549: A Teenager's Guide to Doing Business in North Korea

Episode 549: A Teenager's Guide to Doing Business in North Korea

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  • <iframe src="https://www.npr.org/player/embed/325912532/326309955" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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PYONGYANG, North Korea - Photo shows a food shop in Pyongyang on Feb. 11, 2014. Kyodo /Landov
Kyodo /Landov
PYONGYANG, North Korea - Photo shows a food shop in Pyongyang on Feb. 11, 2014. Kyodo /Landov
Kyodo /Landov

The dream of socialist North Korea was that the government would control every part of the economy. No need for private businesses or stores - the state would give you everything. People were not supposed to sell to each other. Ever. On today's show: how markets sprung up anyway.

Music: HyunA's "Bubble Pop!" Find us: Twitter/ Facebook/ Spotify. Download the Planet Money iPhone App.

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