Author Question: How was South Korea able to become one of the East Asian Economic Miracles? What will be an ideal ... (Read 55 times)

asmith134 · **on:** Jun 30, 2018

How was South Korea able to become one of the East Asian Economic Miracles?

What will be an ideal response?

Question 2

Use a figure below to describe the four zones of economic discomfort.

What will be an ideal response?

mammy1697 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

South Korea was able to become one of the East Asian Economic Miracle by launching a series of economic reforms, shifting from an inward-looking, import-substitution development strategy to one that emphasized exports.

Answer to Question 2

The answer is given in the following figure.