Which of the following statements most accurately describes South Korean economic growth after 1950?

Which of the following statements most accurately describes South Korean economic growth after 1950?




a. Economic growth lagged due to the continuing conflict with North Korea.
b. Korean economic growth was much slower than that of Japan.
c. Economic growth was limited to production of porcelain and silks for export.
d. Korea was able by the 1970s to compete successfully in the areas of steel, automobiles, and cheap consumer goods.
e. Korean economic growth was dependent on small, government-financed corporations producing limited quantities of goods with little advanced technology.





Answer: D


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