The newly industrializing country that has focused primarily on trade is __________.
A) Singapore
B) South Korea
C) Malaysia
D) Taiwan
Which of the following newly industrialized countries are more city-states than nation-states?
A) Taiwan and Hong Kong
B) Hong Kong and Singapore
C) Singapore and Malaysia
D) Malaysia and Taiwan
Who was the Chinese leader responsible for instituting the economic reforms that have taken place there since the mid-1970s?
A) Mao Zedong
B) Jiang Zemin
C) Kim Il-Sung
D) Deng Xiaoping
Suppose you lived in an extremely poor slum in the global South and had no money or jobbut retained all the knowledge you now have. What strategies would you adopt for your own survival and well-being?
What strategies would you reject as infeasible? Would you adopt or reject the idea of revolution? Why?
What will be an ideal response?
The central aspect of economic development is __________.
A) rising per capita income
B) capital accumulation
C) increasing skills of the population
D) the adoption of new technological styles