Which of the following are examples of countries undertaking economic reforms that have increased economic freedom and resulted in better economic growth records?

Question

Quizplus · Accepted Answer

All of the above countries have undertaken economic reforms that have increased economic freedom and resulted in better economic growth records. Hong Kong and Singapore in the 1960s implemented market-oriented policies and became some of the world's richest countries. China and Chile in the 1970s shifted towards a market economy, which helped their economic growth. Ireland and New Zealand in the 1980s liberalized their economies and opened themselves up to globalization, resulting in better economic performance. Estonia and Hungary in the 1990s introduced market-oriented policies which led to their economic growth.

Which of the Following Are Examples of Countries Undertaking Economic