The Common Traits Shared by the Newly Industrializing Economies of the Pacific

question 78

Multiple Choice

The common traits shared by the newly industrializing economies of the Pacific Rim that have experienced rapid economic growth include

• A) export-oriented strategies and subsidized private production of most goods and services.
• B) agriculture-oriented growth strategies and government production of most goods and services.
• C) export-oriented growth strategies and limited the role of governments mainly to infrastructure and institutional development and enforcement of laws.
• D) emphasis on the quantity of output rather than the quality and a large public sector.

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Definitions:

Collective Guilt

The emotion felt when individuals consider themselves as part of a group responsible for wrongful acts, leading them to experience guilt for actions they did not personally commit.

Good Mood

A state of positive emotional well-being, characterized by feelings of happiness, contentment, or joy.

Stigmatized Group

A group of people who are discriminated against or socially disapproved of because of some characteristic, leading to them being marginalized.

Prosocial Behavior

Actions intended to benefit others, including behaviors like helping, sharing, and comforting.