In the Early 1960s South Korea Was an Extremely Poor

question 87

Multiple Choice

In the early 1960s South Korea was an extremely poor country. However, in 1963, the country began a remarkable economic ascent. What was a direct cause of this?

• A) a shift in strategy that emphasized exports rather than imports
• B) an increase in wages
• C) an increase in the labor force
• D) an increase in the money supply
• E) an emphasis on education, leading to a highly productive labor force

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