Question

Five of the fastest growing economies of the past 30 years-China, South Korea, Taiwan, Singapore, and Hong Kong-had one thing in common at the start of their economic growth: democratic governments.True / False.

Answer 1

Answer:

False, they had one thing in common at the start of their economic growth which is undemocratic government.

Explanation:

These Asian countries underwent rapid industrialization and maintained exceptional high growth rate between the early 1960's and 1990's. The world economy began to pick during the early 1960's after the World War II and the Korean War in the early 1950's. Singapore, Hong Kong, Taiwan and South Korea are often refer to as the four Asian Tigers or the Asian Dragons.