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Economically speaking, what has been the trend in East Asian countries over the past six decades?

Economically speaking, what has been the trend in East Asian countries over the past-example-1
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User Leacroft
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1 Answer

4 votes

Answer:

B) their economies have shifted from agriculture to manufacturing

Step-by-step explanation:

East Asian countries moved into manufacturing. Many companies from High-Income Countries (HICs) began to manufacture products in Asia due to the low cost for labor, land and resources. This was only increased by the reliability and technological developments by transport options. Urbanization happened faster as the agricultural industry needed less labor intensive workers and more machine operated farming equipment on a commercial scale. The populations also rose dramatically and the labor prices stayed down.

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User Raymund
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