Might a contributing factor be the older generation saw in their lifetime the change from extreme poverty to relative wealth brought about by the industriousnes

Might a contributing factor be the older generation saw in their lifetime the change from extreme poverty to relative wealth brought about by the industriousness of the population? https://en.wikipedia.org/wiki/Miracle_on_the_Han_River#/media/File:GDP_history_Since_1950_~_2016.png https://en.wikipedia.org/wiki/Miracle_on_the_Han_River#/medi...