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Essay

Hong Kong and Venezuela

Essay specific features

 

Issue:

Business

 

Written by:

John H

 

Date added:

August 18, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1501

 

Was viewed:

7570 times

 

Rating of current essay:

 
Essay content:

During that period, Hong Kong came under tremendous economic and social pressure due to an arrival of immigrants from China and a lack of natural resources to support growth. In the interim, Venezuela was resource-rich and had a relatively stable population. Comparisons in the 1990s showed Venezuela's income per person was much lower than 1950 in real terms while Hong Kong's was noticeably greater http://www...
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In addition, Hong Kong lacked the natural resources to support its population growth and resorted to importing all its basic needs to support the economy. The variation in economic performance can be attributed to the differential economic freedom between the two countries. Figure 3 shows that during the 1970s and through the 1990s, Hong Kong continued to achieve higher levels of economic freedom than Venezuela...
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