Question

Who are the 4 asian tigers? name three common important characteristics that they each demonstrate

Answer 1

The four Asian tigers are Hong Kong, Taiwan, Singapore, South Korea.

Some of the common characteristics of the Asian tigers are

1) they are not blessed with many natural resources and this means they don't have a comparative advantage in producing many of the goods all in all

2) one of the main reasons they have developed is that the focused on transportation where those countries can be considered as the best hub for mobility both through sea and air.

3) Asian tiger significantly focused on production activities, and improving the technology levels so that the cost of production got done by a huge extent and this made them stand on the top of the world.