CAPITALISM IN EAST ASIA

Question	Answer
Give examples of which countries are so-called "East Asian tiger economies"	South Korea Singapore Taiwan
What have these countries successfully done?	Industrialised
They have also become significant players in the _____ _______	Global economy
Which country in Asia has recently become a major global industrial power?	China
The success of capitalism in East Asia has led some sociologists to argue that religion has played a role similar to the one __________ played in the development of capitalism in the 16th and 17th century Europe	Calvinism
Who describes the spirit of capitalism among Chinese entrepreneurs?	Redding (1990)
What is confucianism?	A traditional Chinese belief system
Redding argues that the Chinese entrepreneurs 'post-Confucian values encourage...	Hard work Self-discipline Frugality A commitment to education and self improvement
What is frugality?	The quality of being economical with money or food
What does this lead to?	Economic productivity and the acculturation of capital

Resource summary

	Created by ashiana121 almost 9 years ago