Which of the following countries benefited significantly from the catch-up effect in the last half of the twentieth century?

Question

Quizplus · Accepted Answer

South Korea experienced significant economic growth and development in the latter half of the twentieth century, benefiting from the catch-up effect as it rapidly industrialized and modernized its economy, moving from a low-income country to a high-income country in a few decades.

Which of the Following Countries Benefited Significantly from the Catch-Up