Taiwan's miracle was a period in the 20th century when Taiwan's economy experienced an unprecedented rate of growth, with the country also witnessing rapid industrialization. Taiwan's Gross National Product recorded an explosive growth of an impressive 360% from 1965-1986. Even more impressive was the country's global industrial production, which grew by 680% in the period … [Read more...] about What Was The Taiwan Miracle?
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Fascism is a governmental system based on authoritarian nationalism. Although there is no specific definition of fascism, its practice generally shares the same beliefs of principle as anti-communism, anti-liberalism and anti-conservatism. His policy is often able to obtain widespread support by proposing the idea of national revival. This idea suggests that the current … [Read more...] about What is a fascist economy?
A remittance is the transfer of money from expatriates to their home countries. According to the World Bank, more than $ 550 billion is sent home every year in the form of remittances worldwide. However, this number has grown tremendously over the last decade due to liberal laws on migration between developed and developing countries and the ease with which money can be … [Read more...] about What is a garage?
Gross national happiness is a philosophy that drives the government of Bhutan. Gross National Happiness (GNH) is a global approach to development, which values collective happiness as a goal of governance through the balancing of material and non-material values and is used instead of the Gross National Product (GDP). Gross national happiness is expressed in four pillars … [Read more...] about What is Gross National Happiness?
For a huge number of people around the world, chili is a delicacy. However, most people have not stopped asking where this spice comes from. Chili is a fruit of plants that are part of the Nightshade family. To narrow it down, its genus is that of the most popular capsicum. Capsaicin and similar compounds mainly cause the "spiciness" that comes after eating it. Surprisingly, … [Read more...] about The Main Chilli Pepper Producing Countries In The World