Question

What was an important step in economic recovery after world war ii for both south korea and taiwan?

Answer 1

They had Land reforms

Before world war 2, most of the land was owned by huge landowners who were something like aristocracy in Europe and people lived on that land as tenants. After world war 2, there were huge reforms and land was redistributed and people became owners of their own pieces of land which drastically changed their income and their status.