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The Comparison and Contrast of the Political Ideologies of North Korea and Canada and their International Business Practices
Education and culture are areas the world's most prominent Communist government exhibits its political ideologies. All three of North Korea's banks are controlled, as well as a strict economic policy. Canada is a constitutional monarchy, a federation and a democracy. For the purpose of this report, we will call it a Democracy. Canada's democracy, in contrast to Korea's Communism, encourages small businesses and tends to protect them with strong property-rights laws. As a comparison, research
Canada's building product market base. Brazil, Chile and Indonesia, (along with former customer, Europe), have started to make significant advancements on this market for themselves, posing a threat to Canada's major export. Cost of production is fairly low and technology has developed efficient manufacturing plants. Luckily, under NAFTA, Canada has preferential access to the largest construction market in the world, the US. As long as the US continues to grow, Canada will prosper as well.