Final answer:
South Korea experienced rapid and sustained economic growth since 1960, outpacing the economic growth of the United States, which has grown over a longer time frame with significant advancements post-Civil War.
Step-by-step explanation:
Comparing the growth rates of different countries since 1960, we observe that South Korea stands out as a prime example of rapid and sustained economic growth.
Though the United States has also seen growth, particularly after transforming from a rural and agricultural-based economy to one focused on services, manufacturing, and technology, the level and speed of growth is different between these two nations.
Considering economic growth factors such as investments in human capital, technology, and physical capital, South Korea has achieved remarkable growth milestones early on.
South Korea had already reached universal enrollment in primary education by 1965 and nearly universal secondary education by the late 1980s.
Furthermore, South Korea's investment in GDP rose from around 15% at the beginning of the 1960s to 30-35% by the late 1960s. This investment combined with technical training and strategic partnerships greatly contributed to its high rate of economic growth.