Which economic system is Why does South Korea have a much larger population? image.png Why does South Korea have a much larger population? More authoritative rule More individual freedoms South Korea suffered a war right after WWII More available ariable landcharacterized by a combination of government ownership of the means of production and free market principles? Which economic system is characterized by a combination of government ownership of the means of production and free market principles? Mixed economy Capitalism Laissez-faire capitalism Socialism