Question

Study the graph of the economic growth per person of North Korea and South Korea. A line graph titled Economic Growth of North and South Korea (per person) from 1950 to 2010. The x-axis is labeled Year from 1950 to 2010. The y-axis is labeled Value of Economy (per person) from 0 to 25,000 dollars. South Korea and North Korea are at almost 0 in 1950. In 1970, North and South Korea are around 3,000 dollars. In 2000, South Korea is at 15,000 dollars and North Korea is near 1,000 dollars. In 2010, South Korea is over 20,000 dollars and North Korea is near 1,000 dollars. Which postwar development is evident from the data in the graph? The economy of North Korea did not improve following the end of the war. Both countries experienced economic improvement in the half century following the war. Improvement of the South Korean economy can be directly related to the end of the war. The end of the war resulted in immediate improvement of the economy in both countries.

Answer 1

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