10 impacts Flashcards
- Better standards of living
Elaboration: Economic growth and job stability led to better-paying jobs and improved housing conditions. People could afford basic necessities and luxury items such as refrigerators and televisions. Car ownership increased from 58 cars per 1,000 people to 85 cars per 1,000 people between 1966 and 1973. Explanation: Improved pay and housing allowed people to support their families better, increasing their overall quality of life.
- Stronger sense of rootedness
Elaboration: Economic growth reduced the need to seek opportunities elsewhere. The Home Ownership Scheme and the use of CPF savings to purchase flats enabled more people to own their homes. Explanation: Owning a flat gave people a stake in Singapore, fostering a strong sense of belonging and commitment to the country’s success. This encouraged greater contribution to Singapore’s well-being.