Question

In the history of globalization, the Four Tigers refers to ____________

A. The triad of developed countries: NA, Western Europe, Japan and China
B. The noncommunist countries (Argentina, Brazil, India and Mexico) that focuses on fostering and protecting domestic industries in the aftermath of WWII
C. The emerging economies of Brazil, Russia, India and China
D. The economies of Hong Kong, Singapore, South Korea and Taiwan that achieved developed (high income) status and inspired more countries to join the world economy

Answer 1

The Four Tigers refers to the economies of Hong Kong, Singapore, South Korea, and Taiwan that achieved developed (high income) status and inspired more countries to join the world economy.

Step-by-step explanation:

The Four Tigers refers to the economies of Hong Kong, Singapore, South Korea, and Taiwan that achieved developed (high income) status and inspired more countries to join the world economy.

These countries maintained high growth rates and rapid export-led industrialization between the 1960s and 1990s, allowing them to converge with the technological leaders in high-income countries.

The economic growth of the Tigers was phenomenal, with an average real per capita growth of 5.5% for several decades.