The Growth Records of Japan and Hong Kong During the Last

question 67

Multiple Choice

The growth records of Japan and Hong Kong during the last fifty years indicate that an economy can grow rapidly without

• A) securely defined property rights.
• B) abundant domestic natural resources.
• C) significant capital formation.
• D) adopting modern technology.

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Definitions:

Correlational Research

A method of research that determines the degree to which two variables are related without establishing a cause-and-effect relationship.

Prediction

the act of forecasting or estimating a future event based on current information or trends.

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A method of selecting a sample from a population in such a way that each member has an equal chance of being chosen.

Survey Researchers

Professionals who design surveys, collect data, and analyze results to gain insights and information on a wide range of topics.