Question

Which action did not help spur the growth of Taiwan's economy? The United Nations recognized Beijing as China's legal seat of government. Foreign investments helped build new industries. Nationalists instituted land reform and industrial modernization. Taiwanese companies sold their products to other countries.

Answer 1

Answer:

The United Nations recognized Beijing as China's legal seat of government

Explanation:

Taiwan was a nation created by the Nationalist that were defeated by the Communist. They managed to escape to this island, make a stronghold, and started to develop it. The international community was on their side, so even though China was officially counting it as part of its territory, in practice that was not the case. Taiwan soon gained lot of support, and it quickly started to develop its industry. Unlike China, Taiwan established a market economy, so it was open to the world for trade, so it was selling lot of its products abroad, which in turn was constantly helping the economy grow and develop even more, rapidly making it a nation with strong economy, modern, and with high standard of living.