Question

What was the result of the nationalists attempt to set up a free enterprise system of Taiwan?

Answer 1

What was the result of the nationalists attempt to set up a free enterprise system of Taiwan?

A Taiwan's economy struggled to survive, finally reaching stability in the 1900s.

Answer 2

Answer:

A Taiwan's economy struggled to survive, finally reaching stability in the 1900s.

Explanation:

Taiwan economy struggled for a long time since it was depending and under control of China, from the 60´s and untill the 90´s Taiwan faced a time of protectionism nationalism undergoing a period called the import substition regime, where major efforts were done tu sibstitute major importing goods for national products, in order to help the domestic economy boost, this payed off in the late 90´s where Taiwanese economy finally reached stability.