Inspirational Role Model
As an inspirational role model, Lee was able to inspire his followers to believe in his cause to reform and bring Singapore to a better future. Devoted politicians were brought into PAP, all with the same vision as Lee and working towards the goal together despite problems such as having no natural resources and facing threats from neighboring countries. …show more content…
Lee introduced industrialization to produce goods domestically and increasing the number of jobs in the workforce from 1965 to early 1970s to enhance the financial security of Singaporeans. Foreign multinational corporations were also welcomed into Singapore to invest on the domestically produced goods and encourage the export industry of Singapore. (U.S. Library of Congress, n.d.) This led to a 10% per annum growth rate of Singapore’s economy and an improvement to the unemployment rate from 10% to 3.6%. (Ministry of Trade and Industry Singapore, 2011) Lee’s willingness to open Singapore’s economy to foreign companies and trade has enabled stable employment and annual increment of GDP in Singapore, thereby improving Singapore’s standard of