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Asian countries developed strong economies through a combination of strategic government policies, export-oriented industrialization, and investment in education and infrastructure. Countries like South Korea and Singapore implemented targeted industrial policies that promoted key sectors and attracted foreign investment. Additionally, a focus on technology and innovation, along with a highly skilled workforce, allowed these nations to compete effectively in global markets. This economic growth was further supported by regional cooperation and integration within frameworks like ASEAN.

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Is Iran a developing developed or under developed country?

Iran is typically considered a developing country. It has a decent infrastructure and modern scientific output. However, it is not equivalent to South Korea or Israel, which are the two countries on the Asian mainland that are considered developed.


What are the economic activities of each southeast asian countries?

Fishing, agriculture and mining are the economic activities of most of the south east Asian countries. Agriculture, mining and fishing are some of the economic activities of each southeast Asian countries.


How do the traditional command and market economies of southwest Asia countries for whom to produce for?

In traditional command economies of Southwest Asian countries, production is typically determined by government directives, focusing on meeting state-defined needs and priorities, often emphasizing essential goods and services for the population. In contrast, market economies rely on supply and demand dynamics, where producers cater to consumer preferences and market signals guide what is produced. This distinction influences resource allocation, with command economies prioritizing stability and social welfare, while market economies encourage competition and innovation. Ultimately, the choice of whom to produce for reflects the underlying economic philosophies and governmental structures in each type of economy.


If the Asian countries faces decline in economic growth how will their currencies values be affected relative to the us dollar?

if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies


What are some Asian countries with a command economy?

North Korea is one

Related Questions

How the asian tigers built strong economies?

The rapid industrialization between the early 1960s and 1990s are some of the things that built strong economies for the Asian tigers.


How might the mix of ethnic groups languages and religions in central Asian countries affect life there today?

Because of years of fighting and changes in the region , today many countries of Central Asia face similar issues in building stable governments and strong economies.


What is ledc?

LEDC means Less Economically Developed Countries. Those consist of mostly African and Asian countries. MEDC's are More Economically Developed Countries, consisting of European and North American countries.


Why India is called a developing nation when it is already developed?

there are three types of economies in the world.the first one is called the developed economy or country.it usually has high levels of industrialisation and other factors referring to HDI.the second one is called the developing economies.these are the countries in which economic reforms and industrialisation began at a later stage and now these economies are flourishing.countries such as BRICK come under these category.the last one is called least developed economies which refer to countries which have a failed economic policy and hence are least developed compared to rest of the world.many african and south asian countries come in this category.hence to sum up,india is called developing country because it has not yet reached a saturation state in its economic growth rate when compared to USA which grows at 2% a year.


What is the most developed country of Central Asia?

The most developed country of Central Asia is believed to be Kazakhstan. It is the richest and most economically developed country. There are five Central Asian countries.


What are some reasons are East Asian countries turning to alternate power sources rather than oil?

Some reasons that East Asian countries are turning to alternate power sources, rather than oil are expenses and changes in culture, economies, and the way that the people live.


Why were the Whites the minority?

It's just a plain fact that European countries and America are more developed countries...and more developed countries tend to have a smaller furtility rate. Other Asian countries and Mexico aren't quite as developed, so their furtility is much higher and they slowly are outnumbering whites as the whites drop in numbers.


How many countries are there in Asian?

There are 48 countries in asian


What are countries that are Afro Asian?

There are no Afro Asian countries. Africa and Asia are different continents and have no countries in common. There are Afro Asian people and Afro Asian agreements between countries.


Which Asian countries are part of the EU?

There are no Asian countries in the EU.


Weakness in the Asian economies in the late 1990s was of great concern primarily because of?

the belief that with growing global economic interdependence, weakness in the Asian economies could weaken the U.S. economy as well.


What are CAR countries?

The Central Asian Region countries or the Central Asian countries. Hope this helps.