Structural Change - Examples

Examples

Historically, structural change has not always been strictly for the better. The division of Korea and the separate paths of development taken by each state exemplifies this. Korea under Japanese rule was relatively uniform in economic structure, but after World War II the two countries underwent drastically different structural changes due to drastically different political structures.

Structural change can be initiated by policy decisions or permanent changes in resources, population or the society. The downfall of communism, for example, is a political change that has had far-reaching economic implications.

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