During the mid-20th century the economy of Taiwan was depressed, unemployment and inflation rates were high, and the country was lacking in exports and goods. By the 1960s government took several steps to improve the economy and exports. In 1966, the government established the Kaohsiung Export Processing Zone, Asia’s first export processing zone, to expand the manufacturing production. The industrial sector surpassed the agriculture.
These fascinating historical photos show cities, towns, street scenes, farmers and everyday life of Taiwanese people in the 1960s. Also check, 1970s Taiwan.