APFIVE Post-Colonial Economic Divergence
In the context of decolonization after WWII, which factor contributed most to the emergence of sustained economic growth in some Asian economies but less so in African ones?
A
Widespread adoption of free-market principles led by successful examples like Hong Kong and Singapore
B
Greater reliance on a single export commodity within African economies compared to a more diverse production base in Asia
C
Differential patterns of state investment in education and infrastructure facilitating industrial development in Asia
D
Early entry into the European Union by many Asian nations providing access to larger markets and exposing them to global competition
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