Author Question: How is South Korea an example of the four tigers? A) It creates enough capital accumulation to ... (Read 60 times)

cdr_15 · **on:** Sep 4, 2018

How is South Korea an example of the four tigers?

A) It creates enough capital accumulation to raise income levels across the population broadly.
B) It has a fairly stable state industrial policy, specializing in timber and mining.
C) It creates enough capital accumulation to raise the income levels of the nation's elite.
D) It creates enough industry to raise the expectations of the population broadly.

Question 2

In China, Mao Zedong implemented an economic policy where the state controlled all economic activity. This type of economic policy is an example of __________.

A) laissez faire
B) capitalism
C) central planning
D) mercantilism