Taiwans wealth comes largely from???

Question

a. exporting agricultural products
b. financial and tourist industries
c. high- technology industries, manufacturing, and trade
d. exporting minerals, including oil

Answer 1

I would say "c" but read on and explore the site I listed.



The first stage of Taiwan's economic development extended from 1952 through 1980. During this period, Taiwan averaged an annual economic growth rate of 9.21 percent, which was the highest in the world. In 1962, agriculture lost its key position as the driving force behind Taiwan's economy, making way for the rapidly developing industrial sector. With the exception of two energy crises, in 1973-1974 and 1979-1980, Taiwan's industries maintained an average annual growth rate of around 14 percent.

The second stage of Taiwan's economic development ran from 1981 through 1999. During this period, economic conditions around the world and within Taiwan itself underwent great changes. Combined external and internal forces exerted a rather detrimental effect on Taiwan's economic development, slowing the growth rate to a low of 7.15 percent. The focus of Taiwan's economy slowly shifted from the industrial sector to the service sector. Meanwhile, the agricultural sector grew a mere 0.63 percent annually as its GDP share continued to diminish.

Limited natural resources and a high population density mean that Taiwan is not self-sufficient. Hence, foreign trade has come to play a leading role in Taiwan's economic development. The development of foreign trade and the increase of foreign investment are driving forces behind Taiwan's industrial sector, which in turn fuels development in the service sector. From 1952 through 1980, the annual growth rate of commodity and labor exports averaged 16.5 percent, while local demand grew an average of 10.97 percent per year. During the second stage of economic development, commodity and labor exports grew 10.05 percent per year, while local demand grew 7.51 percent. From these figures, the importance of foreign trade to Taiwan's economic development can be seen quite clearly.

Answer 2

go to www.odci.gov, then to the left, scroll down until you see Library and Reference, click the world fact book, then click the drop box of countries. Taiwan is at the very bottom, you can learn a bunch of cool stuff about Taiwan and will probably answer your questions.

hope i could help

candlejack

Answer 3

you got that question from calvert test 140 geography in sixth grade didnt you???4

Answer 4

answer>> C.