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3 May, 18:00

Which has most contributed to the success of Singapore's economy?

A. The country has a high number of low-skilled jobs.

B. The country controls the production of semiconductors.

C. The country has a role as a leader in the financial services.

D. The country focuses on trading agricultural-based products only.

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Answers (1)
  1. 3 May, 18:05
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    Answer: B. The country controls the production of semiconductors

    Explanation: According to official data, this branch of the economy, i. e semiconductor production is actually the largest and most promising part of Singapore's economy. According to official figures, 11% of total global semiconductor production is in Singapore. Many of the world's leading sub-contract assembly and testing companies, IC design companies and many others in similar fields have their facilities and offices in Singapore. This is a result of the country's efforts to secure presence of these manufacturing facilities in its country, Singapore, in negotiations with global companies, and thus accelerate the national economy.
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Home » Social Studies » Which has most contributed to the success of Singapore's economy? A. The country has a high number of low-skilled jobs. B. The country controls the production of semiconductors. C. The country has a role as a leader in the financial services. D.
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