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Web20 mrt. 2024 · South Korea has experienced one of the largest economic transformations of the past 60 years. It started as an agriculture-based economy in the 1960s, 1 and it became the 11th largest economy in the world in terms of gross domestic product (GDP) in 2016. 2 How did the industrialization miracle take place? Factors in South Korea’s … WebThe economy of Croatia is a high-income, service-based social market economy with the tertiary sector accounting for 70% of total gross domestic product (GDP). Croatia has a fully integrated and globalized economy. … WebThe money economy is a form of economy in which transactions are done with money. Alternatives are possible, e.g. bartering, but money is the dominant factor for … banda i panda