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China
Beginning of Paper
World War 2 drew a hard blow and left a serious and lasting effect to many Asian countries. This however, did not hamper the growth of as their government were taking serious steps to recover economically. These countries are growing at a tremendous pace to the extent of being ca .... Middle of Paper .... than the countryside. Most capital investments were going into urban industries. The urban workers, using considerable amount of heavy machinery, had a much higher average level of productivity compared to the rural workers. The natural consequences was for the city people to arrange themselves an average income level twice as high as that of the people in the countryside.
The most obvious way to attack this poverty problem was to increase production, in all sectors of the economy. Though the easiest way to increase production was to inc ....
584 words | 3 pages
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