Four Asian Tigers facts for kids
Quick facts for kids Four Asian Tigers |
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Chinese name | |||||||||||
Traditional Chinese | 亞洲四小龍 | ||||||||||
Simplified Chinese | 亚洲四小龙 | ||||||||||
Literal meaning | Asia's Four Little Dragons | ||||||||||
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Korean name | |||||||||||
Hangul | 아시아의 네 마리 용 | ||||||||||
Literal meaning | Asia's four dragons | ||||||||||
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The Four Asian Tigers or Asian Dragons are four places in Asia that became very rich and developed very quickly. These are Hong Kong, Singapore, South Korea, and Taiwan. They are called "Tigers" because their economies grew incredibly fast. This rapid growth happened between the early 1960s and the 1990s.
These four places were the first "newly industrialized countries." This means they quickly changed from being mostly farming-based to having many factories and modern industries. Today, all four are considered very rich and developed economies.
What Made Them Successful?
All four Asian Tigers have a highly educated workforce. This means their people were well-trained and good at their jobs. This helped them produce many goods and services.
They also focused on selling their products to other rich countries. This is called exporting. They grew rich very quickly, with their economies often growing by more than 10% each year for decades.
The fast economic growth in South Korea was called the "Miracle on the Han River." In Taiwan, it was known as the "Taiwan Miracle." These names show how amazing their progress was.
From Less Free to More Free
In their early years of rapid growth, these nations were not always democracies. People did not have as much freedom as they do today. Over time, all of these countries became much freer. Today, Taiwan and South Korea are considered liberal democracies. This means their governments are chosen by the people, and citizens have many rights.
Images for kids
See also
In Spanish: Cuatro tigres asiáticos para niños