CAPITALISM IN EAST ASIA

Frage	Antworten
Give examples of which countries are so-called "East Asian tiger economies"	South Korea Singapore Taiwan
What have these countries successfully done?	Industrialised
They have also become significant players in the _____ _______	Global economy
Which country in Asia has recently become a major global industrial power?	China
The success of capitalism in East Asia has led some sociologists to argue that religion has played a role similar to the one __________ played in the development of capitalism in the 16th and 17th century Europe	Calvinism
Who describes the spirit of capitalism among Chinese entrepreneurs?	Redding (1990)
What is confucianism?	A traditional Chinese belief system
Redding argues that the Chinese entrepreneurs 'post-Confucian values encourage...	Hard work Self-discipline Frugality A commitment to education and self improvement
What is frugality?	The quality of being economical with money or food
What does this lead to?	Economic productivity and the acculturation of capital

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