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Which of the Following Statements Most Accurately Describes Korean Economic

Question 238

Multiple Choice

Which of the following statements most accurately describes Korean economic growth after 1950?


A) Economic growth was limited to production of porcelain and silks for export.
B) Korean economic growth was much slower than that of Japan.
C) Korean economic growth was dependent on small, government -financed corporations producing limited quantities of goods with little advanced technology.
D) Korea was able by the 1970s to compete successfully in the areas of steel, automobiles, and cheap consumer goods.

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