Which of the following was NOT a common element contributing to the growth of the four "Asian Tigers" between 1966 and 1990?
A)an increase in the labor force participation rate
B)high educational achievement
C)a high savings rate
D)emphasis on laissez-faire economics
E)an increase in total factor productivity achieved by higher levels of inputs

Question

Quizplus · Accepted Answer

The other four elements listed were common contributors to the growth of the Asian Tigers during the given time frame, while emphasis on laissez-faire economics was not specifically mentioned as a common factor.

Which of the Following Was NOT a Common Element Contributing