South Korea’s Ministry of Trade and Industry has targeted new materials, computer controlled machine tools for engineering, microelectronics, fine chemistry, optics and aircraft as fields in which it predicted that the country catch up with the US and Japan economically and technologically. Do you see South Africa following in the footsteps of South Korea especially in the context of the fourth Industrial Revolution?
South Korea’s Ministry of Trade and Industry has targeted new materials, computer controlled machine tools for engineering, microelectronics, fine chemistry, optics and aircraft as fields in which it predicted that the country catch up with the US and Japan economically and technologically. Do you see South Africa following in the footsteps of South Korea especially in the context of the fourth Industrial Revolution?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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South Korea’s Ministry of Trade and Industry has targeted new materials, computer controlled machine tools for engineering, microelectronics, fine chemistry, optics and aircraft as fields in which it predicted that the country catch up with the US and Japan economically and technologically. Do you see South Africa following in the footsteps of South Korea especially in the context of the fourth Industrial Revolution?
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