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Why are the economies of some Southeast Asian nations growing so quickly?

A. They all practice a traditional economy.
B. They use a command economy with central governmental control.
C. They have a mixed economy dominated by markets.
D. They have a free-market economy that benefits everyone.

2 Answers

2 votes

Answer:

C

Step-by-step explanation:

Because i learned in school and the economy grow every year because the vast amount of selling goods

User Joetde
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Answer:

They have a mixed economy dominated by markets ( C )

Step-by-step explanation:

The south east Asian countries which include countries like Singapore,Thailand , Vietnam and Philippines which are largely developing countries in Asia are growing so rapidly due to the Adoption of a mixed market economy whereby both public and private sectors are allowed to participate in the economy of the Nation.including planned economies and free economies as well as free markets.

most of the countries in the region which was part of the former soviet union practiced what was known as command economy before the switch to mixed economy and this has brought about rapid growth in their economies.

User JoHa
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