Hist 122: Section 6 (overview; Development: Asian Tigers; Underdevelopment: Congo-zaire)

The correct components of Economic Development include measuring poverty, theories on the origins of poverty, and potential solutions. Gender inequality, cultural preservation, and healthcare systems are important in their own right, but they are not key components directly related to Economic Development.

GDP measures the total economic activity within a country, not the literacy rate, total population, or natural resources available.

The distinction between rich and poor countries is based on economic indicators such as GDP per capita, quality of life, and access to resources. This list is not exhaustive and can change over time based on various factors.

The Iron Curtain was a political boundary dividing Europe into two separate areas from the end of World War II in 1945 until the end of the Cold War in 1991.

The Human Development Index (HDI) is a composite statistic that measures factors such as life expectancy, education, and per capita income to evaluate the overall development of a country, not its military strength, land area, or cultural heritage.

Purchasing Power Parity (PPP) is a significant concept in economics that relates to the relative value of currencies based on their purchasing power in different countries.

The Corruption Index assesses the extent of corruption within a country by measuring the misuse of public power for private gain. It ranks countries on a scale from 100 to 0, with 100 being very clean and 0 being highly corrupt.

Colonial Legacy is a term that specifically describes the impact and influence left by colonialism on a weaker country, rather than simply architectural remnants or alliances. It does not refer to the process of granting independence, but rather the control exerted by the stronger country over the weaker one.

Brain Drain refers to the emigration of highly skilled individuals from one country to another, usually due to better opportunities or living conditions. It is not a physical or mental health condition but rather a sociopolitical term.

Debt Forgiveness is a process where a creditor entity agrees to forgive a portion or all of the debt owed by a debtor entity, resulting in a capital transfer from the creditor.

Fair Trade is a trading partnership that aims to ensure fair prices are paid to producers in developing countries, promoting sustainability and better working conditions.

Immigration can be driven by various factors such as seeking better job opportunities, political freedom, education, or safety from persecution or violence.

Mo Ibrahim is a prominent figure known for his efforts in promoting better governance in Africa through the Mo Ibrahim Foundation and the Mo Ibrahim Index.

Muhammed Yunus is not a chef, architect, or athlete but a professor of economics who gained recognition for his work in microcredit and poverty alleviation, leading to him being awarded the Nobel Peace Prize in 2006.

Japan's post-World War II economic success can be attributed to learning from its former enemies and its thriving market in various industries including Anime.

In 1945, WWII ended in Tokyo, which led to Japan having to restart industrial development and other aspects of their society.

The correct answer explains the historical context of South Korea being dominated by China and Japan before becoming divided during the Cold War.

During the Great Leap Forward, emperors in China were not actively involved in governing and were eventually overthrown by the communists who led the movement. This period also resulted in widespread famine and the deaths of thousands of people.

The economic success of the Asian Tigers was mainly attributed to export-based development, investment in light and heavy manufacturing sectors, technological advancements, and adoption of strategies like the Meiji Model. These economies thrived through international trade and industrial growth, rather than relying on natural resources, isolationism, or lack of infrastructure.

The correct order of progression in the Meiji Model is from Light Manufacturing to Heavy Manufacturing to High Tech industries. This gradual development allows for the buildup of expertise and capital required for more complex industries.

The correct answer focuses on the economic potential and colonial legacy of Congo (Zaire), highlighting its geological riches and historical events such as the slave trade, Congo Free State, and Belgian Congo. The incorrect answers provided deviate from this context and do not accurately reflect the historical and economic aspects of Congo's situation.

The correct answer is Eastern/Southeastern parts of Congo, especially regions like Katanga Province, which are known for their abundant natural resources.

A cadre refers to a group of trained individuals, not objects or natural elements.

Small parties are usually formed based on common ideas or beliefs, such as being aggressive or promoting peace, as well as on ethnic groups. These factors bring like-minded individuals together to form a cohesive group.