Uploaded April 2024 | Updated September 2026, 1 hour ago
Taiwan started their economic development as a Japanese colony. In the late 19th century industrialisation and early 20th century industrialisation. When Taiwan became independent it became a state capitalist nation. They slowly grew their economy through small and medium sized businesses. Through the 1950s 1960s 1970s Taiwan focussed on agriculture, electrical components, and light industry. Then in the 1980s 1990s 2000s and 2010s Taiwan developed a high-tech industry focussing on advanced computer chips. And today Taiwan is a rich country. But how did Taiwan become rich? And why did Taiwan become wealthy?
Credits
- Research: Mrs Scope
- Audio: Seb. Soto
- Writing, voice over, and animation: Avery from History Scope
Social Media
- Patreon: patreon.com/Historyscope
- Discord: discord.gg/JYCYPvqba6
- Twitter: twitter.com/ScopeHistory
- Instagram: instagram.com/officialhistoryscope
- Facebook: facebook.com/averythingchannel
Sources:
britannica.com/place/Taiwan/Manufacturing
https://ws.ndc.gov.tw/Download.ashx?u=LzAwMS9hZG1pbmlzdHJhdG9yLzEwL3JlbGZpbGUvNTc4MS8yNjE2My8zMGYzOTA0MS1iNDM3LTQ1NTQtYmRmNi1kZWQwYTM5OWUwNWEucGRm&n=MjAxMkVjb25vbWljICBEZXZlbG9wbWVudC5wZGY%3D&icon=..pdf
eh.net/encyclopedia/the-economic-history-of-taiwan
Books
H. Chang (2010) 23 Thing They Don’t Tell You About Capitalism. Penguin Books. London
Articles
C. Howe - The Taiwan Economy: The Transition to Maturity and the Political Economy of its Changing International Status. The China Quarterly , Volume 148 , December 1996 , pp. 1171 - 1195
T. W - Economic History of Taiwan: A Survey. Australian Economic History Review, Vol. 44, No. 3
Y. L. Lee - Economic Growth and Income Inequality: the modern Taiwan experience, Journal of Contemporary China 2008, 17:55, 361-374
Taiwan started their economic development as a Japanese colony. In the late 19th century industrialisation and early 20th century industrialisation. When Taiwan became independent it became a state capitalist nation. They slowly grew their economy through small and medium sized businesses. Through the 1950s 1960s 1970s Taiwan focussed on agriculture, electrical components, and light industry. Then in the 1980s 1990s 2000s and 2010s Taiwan developed a high-tech industry focussing on advanced computer chips. And today Taiwan is a rich country. But how did Taiwan become rich? And why did Taiwan become wealthy?
Credits
- Research: Mrs Scope
- Audio: Seb. Soto
- Writing, voice over, and animation: Avery from History Scope
Social Media
- Patreon: patreon.com/Historyscope
- Discord: discord.gg/JYCYPvqba6
- Twitter: twitter.com/ScopeHistory
- Instagram: instagram.com/officialhistoryscope
- Facebook: facebook.com/averythingchannel
Sources:
britannica.com/place/Taiwan/Manufacturing
https://ws.ndc.gov.tw/Download.ashx?u=LzAwMS9hZG1pbmlzdHJhdG9yLzEwL3JlbGZpbGUvNTc4MS8yNjE2My8zMGYzOTA0MS1iNDM3LTQ1NTQtYmRmNi1kZWQwYTM5OWUwNWEucGRm&n=MjAxMkVjb25vbWljICBEZXZlbG9wbWVudC5wZGY%3D&icon=..pdf
eh.net/encyclopedia/the-economic-history-of-taiwan
Books
H. Chang (2010) 23 Thing They Don’t Tell You About Capitalism. Penguin Books. London
Articles
C. Howe - The Taiwan Economy: The Transition to Maturity and the Political Economy of its Changing International Status. The China Quarterly , Volume 148 , December 1996 , pp. 1171 - 1195
T. W - Economic History of Taiwan: A Survey. Australian Economic History Review, Vol. 44, No. 3
Y. L. Lee - Economic Growth and Income Inequality: the modern Taiwan experience, Journal of Contemporary China 2008, 17:55, 361-374









![The Breakup of the Soviet Union Explained
The Collapse of the Soviet Union.
Patreon: https://www.patreon.com/Historyscope
Social Media
Discord: https://discord.gg/JYCYPvqba6
Reddit: https://www.reddit.com/r/HistoryScope/
Twitter: https://twitter.com/ScopeHistory
Instagram: https://www.instagram.com/officialhistoryscope/
Facebook: https://www.facebook.com/averythingchannel/
My music playlist while animating: https://www.youtube.com/playlist?list=PLSxw_OLJxQj2amarphSC68tia4gBSVwth
Music in this video
0:00, 30:42 - Soviet National Anthem
4:58 - Carmen Habanera - Georges Bizet
7:10, 39:32 - From Russia With Love - Huma Huma
10:17 - Waltz of the Flowers - Tchaikovsky
18:17 - Danse des Petits Cygnes - Tchaikovsky
28:15 - Balada pentru vioara - George Enescu
(I need to add the others but I am super tired at the moment... please leave a comment asking for the others if you want to know them... Im too tired to look them all up at the moment. Im sorry)
FURTHER WATCHING
- The Soviet Economy Explained: https://youtu.be/S3Jkqqlpibo
- The opening of the Berlin Wall: https://www.youtube.com/watch?v=fjNz1lvXgzU & https://www.youtube.com/watch?v=FFlT46JwEJE
- Yeltsin on a Tank: https://www.youtube.com/watch?v zXChf5tEMI
- Human Barricade: https://www.youtube.com/watch?v=MtNyT7ljPz8]
SOURCES:
- Short summary of the events: https://www.history.com/topics/cold-war/fall-of-soviet-union
- https://www.britannica.com/place/Russia/The-Gorbachev-era-perestroika-and-glasnost
- The Collapse seen as at the time: https://www.nytimes.com/1991/12/26/world/end-of-the-soviet-union-the-soviet-state-born-of-a-dream-dies.html
- Comparison between the USA’s economy and the Soviet economy: https://www.cia.gov/library/readingroom/docs/DOC_0000497165.pdf
The USA’s perspective: https://history.state.gov/milestones/1989-1992/fall-of-communism
- Text of Gorbachev’s Farewell Address: https://www.nytimes.com/1991/12/26/world/end-of-the-soviet-union-text-of-gorbachev-s-farewell-address.html
- Why the USSR collapsed: https://www.thoughtco.com/why-did-the-soviet-union-collapse-4587809 The Breakup of the Soviet Union Explained](https://i.ytimg.com/vi/t2GmtBCVHzY/mqdefault.jpg)
