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Discussion Questions for Globalization Is Good Followed by Discussion Questions on Global Village or Pillage

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Discussion Questions for Globalization Is Good Followed by Discussion Questions on Global Village or Pillage
Discussion Questions for Globalization is good followed by discussion questions on Global Village or Pillage

Taiwan: Discussion questions
1.How has ‘land reform’ contributed to the rapid industrialization of Taiwan?

Land reform contributed greatly to industrialization of Taiwan because the people were able to own land due to their governments property ownership program. Since the citizens were allowed to own their own piece of land, this encouraged them to make their land better and more sustainable financially speaking. The government gave them this land, which was a catalyst for development.

2. What role have ‘Sweat Shops’ and long hours played in Taiwan’s ‘rags to riches’ story? The sweat shops were an important stage in Taiwan’s ‘rags to riches’ story. This is mainly caused by cheap labor, which sets forth an increased demand in labor. This competition drove up wages because industrialization was well on it’s way.

3. The forces unleashed by rapid industrialization brought increased competition for labor in Taiwan. What impact did this increased competition have on wages and the standard of living of the Taiwanese people?

These forces unleashed by rapid industrialization brought increased competition for labor in Taiwan. This resulted in an increase on overall labor wages as well as the standards of living for society because the companies had to compete for the labor force.

4. According to the global computer giant ‘ACER’ which is based in Taiwan, what are the keys to Taiwan’s economic success?

According to ACER, Taiwan’s economic success stems from pure innovation. ACER’s first calculator, as well as the computer, are prime examples of innovation which stimulate the economy. Also, government regulations are minimal, and people don’t even realize the regulations at all, which in turn allows companies to breath and do as they please.

5. Taiwan has thrived in the global economy by specializing in what they do best!
How

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