<span>According to a 1993 World Bank report, East Asian economic growth in the late twentieth century was due, in part, to g</span>overnments that favored import substitution over export competitiveness.
Answer:
The New England colonies developed an economy based on shipbuilding, fishing, lumbering, small- scale subsistence farming, and eventually, manufacturing. The colonies prospered, reflecting the Puritans' strong belief in the values of hard work and thrift.
Explanation:
The author states that the Soviet Union’s launch of Sputnik caused the United States to begin investing in science, technology, and innovation. Sputnik’s successful launch caused this reaction in the United States because the Cold War led Americans to fear the possibility of the Soviet Union leading the world in science and technology. Rather than give in to fear or hide from challenges, the United States stepped up and made a commitment to science, math, and innovation.
Low wages mean less people want to work because it is such a low pay. They resort to children because they will work for cheap.
