LESSON 15: Changes in Economy

(pp. 402-411)

Assignment:

Using your reference book and the video clips, answer the following questions and
write it on your activity notebook:

● What is globalization? Is it good or bad? Explain your answer.

● What do the videos imply?
● What makes an Asian country a tiger economy?
● What could have been the factors why Asian economy improved? Cite examples.

● Do quality education and high literacy rate guarantee a strong economy? Explain your
answer.
● What is the implication of the slogan “walk on two legs” to the economy of China?
● Why was Korea named as “Miracle on the Han” and Singapore as “World’s busiest port”?
● Which country among the East and Southeast Asia has the highest GDP per capita?
What might be the implication of this?
● Why is it important for us to know the economic condition of our country?
● As a Lasallian, what can you do to help in making the country’s economy stable?

How did the major developments influence East and Southeast Asia?
How did the East and Southeast Asians respond with the challenges and changes
occur in their regions?