The reasons for which the East Asian countries have exhibited tremendous economic growth during the past 40 years do NOT include:
A) a significant increase in physical capital per worker made possible by very high rate of saving.
B) a significant increase in human capital made possible by very good basic education.
C) a substantial achievement in technological progress.
D) intervening governments with lots of regulations.
Correct Answer:
Verified
Q161: Since the 1960s, nations like South Korea
Q163: The convergence hypothesis says that international differences
Q164: The idea that relatively poor nations should
Q166: Which factor has contributed to the lack
Q170: The convergence hypothesis states that international differences
Q172: Economic growth in sub-Saharan Africa has been
Q175: Sub-Saharan Africa is so poor mainly because:
A)
Q176: According to the convergence hypothesis,differences in real
Q178: Reasons for which Latin American growth since
Q179: Throughout the twentieth century, nations in Latin
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents