Question

how did singapore's economy inverse/increase in a short period of time?

Answer 1

For a country that lacks territory and natural resources, Singapore's economic ascension is nothing short of remarkable. The country has achieved this remarkable growth through embracing globalization, free market capitalism, emphasising the importance of education, and following strict pragmatic government policies.

In the decades after independence, Singapore rapidly developed from a low-income country to a high-income country. ... The manufacturing and services sectors remain the twin pillars of Singapore's high value-added economy. The overall growth of the Singapore economy was 3.2% in 2018.

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Answer 2

Answer:

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Explanation:

In the decades after independence, Singapore rapidly developed from a low-income country to a high-income country. ... The manufacturing and services sectors remain the twin pillars of Singapore's high value-added economy. The overall growth of the Singapore economy was 3.2% in 2018.