Economic growth refers to a capacity of a produce goods and services, compared from one period of time to another. Economic development, on the other hand, It refers to the process by which a nation improves...

Shanghai and Beijing are both cities in China. Shanghai is one of the four direct-controlled municipalities of the People's Republic of China. It is a global financial center and a transport hub. Beijing...

Westernization deals with ideas, religion and culture. Modernization is limited to adoption of technology and industrialization.

The Democratic People's Republic of Korea, also known as North Korea, was established on 9 September 1948. It was built up in its overseer’s image, i.e. a communist dictatorship. The Republic of Korea,...

Sanction refers to create a barrier in certain trading items. Embargo is a trade barrier that results in partial or complete prohibition on commerce or trade with either one country or many countries.