The small group of East Asian countries that experienced high rates of growth in the 1980s and 1990s are referred to as
A)newly industrializing countries.
B)countries with low standards of living.
C)education-deprived countries.
D)industrial countries.
E)newly decolonized countries.

Question

Quizplus · Accepted Answer

The term "newly industrializing countries" (NICs) is commonly used to describe the group of East Asian countries that experienced rapid economic growth in the 1980s and 1990s, including South Korea, Taiwan, Hong Kong, Singapore, and later, China. These countries' economic success was driven by export-oriented strategies and policies that promoted investment, technological upgrading, and education. The term "industrial countries" is too broad and includes countries outside of East Asia, while the other answer choices do not accurately reflect the characteristics of this group of countries.

The Small Group of East Asian Countries That Experienced High