The North Korean economy is characterized by a centrally planned system, where the government controls all aspects of production and distribution. Agriculture, mining, and heavy industry are the main sectors, but the economy faces challenges such as international sanctions, limited foreign investment, and natural disasters. Despite these challenges, North Korea has made efforts to develop its economy through initiatives like special economic zones. The country relies heavily on trade with China, which is its largest trading partner, providing essential goods and resources to support the economy.