Economic Growth & Productivity: Drivers of Prosperity
Student Worksheet
President Park Chung-hee's five-year economic plans directed money into textiles, shipbuilding, and electronics while a new Korea Development Institute coordinated the strategy. From 1960 to 1990 the country's real GDP grew at an average of 8.4 percent a year, and the reading credits roughly 40 percent of that growth to productivity gains, not to more workers or machinery.
Where should I send the next one?
Everything here is free and it stays that way. Leave your email and I'll send you the new lessons as they go up. You can unsubscribe from any one of them.
Did this save you a prep period? You can chip in toward my three kids' daycare fund. Everything on this site stays free either way.