The initial group of Asian economies that did extremely well in the 1970s and 1980s were _________________.
A) Thailand, Japan, South Korea, and Hong Kong
B) South Korea, Taiwan, Hong Kong, and Singapore
C) China, Indonesia, Taiwan, and Thailand
D) Malaysia, Thailand, Vietnam, and China
E) China, South Korea, Taiwan, and Japan

Question

Quizplus · Accepted Answer

The initial group of Asian economies that did extremely well in the 1970s and 1980s were South Korea, Taiwan, Hong Kong, and Singapore, collectively known as the "Four Asian Tigers" or "Four Asian Dragons." They experienced rapid industrialization and maintained exceptionally high growth rates.

The Initial Group of Asian Economies That Did Extremely Well