A theory that seeks to explain how the Newly Industrializing Countries (NICs)of East Asia (e.g.,Hong Kong,Taiwan,South Korea,Singapore)were able to rapidly industrialize and gain a major position in world markets between the 1960s and the 1990s is operating at which level?
A)Micro
B)Meso
C)Macro
D)Mini
E)Maxi

Question

Quizplus · Accepted Answer

The theory that seeks to explain the rapid industrialization and global market dominance of East Asian NICs is operating at the macro level, as it deals with the overall economic and political factors that contributed to their success rather than individual businesses or industries (micro) or specific regional economies (meso).

A Theory That Seeks to Explain How the Newly Industrializing