Chinas economy today

Question 1

What is a SEZ?

Answer 1

A SEZ is a Special Economic Zone

Question 2

Why did China locate its SEZ’s along the pacific coast?

Answer 2

They are along the pacific coast because Chinas leaders would promote and facilitate trade overseas.

Question 3

When and where was the first SEZ established?

Answer 3

In ShenZhen during 1980

Question 4

Where are the other SEZs located?

Answer 4

XIamen and the province of Hainan

Question 5

How would Chinese leaders encourage trade n the SEZs?

Answer 5

They would encourage trade by offering lower taxes and fewer regulations on imports and exports.

Question 6

What do the lower costs attract?

Answer 6

Entreprenuers

Question 7

How do economists measure the size of a country’s economy?

Answer 7

GPD or Gross Domestic Product

Question 8

What are Chinas main industries?

Answer 8

Industry, services and argiculture

Question 9

What do China’s main industries mafacture?

Answer 9

Mining and Iron and Steel manufacturing.

Question 10

Name two of China’s main exports

Answer 10

Clothing and Textiles

Question 11

Where do 20 percent of Chinas exports go?

Answer 11

They go to the United States

Question 12

Name an advanage and a disadvntage of the agriclture in China

Answer 12

Agriculture does not contribute much to the country’s GPD but it employs 40 percent of the country’s workers.

Question 13

What law was intoduced to China in 1979 and why

Answer 13

One-Child policy, it was created because of the over population in China, the law says that families in urban areas can only have one child.

Question 14

What happened in 2011 with the one-child policy?

Answer 14

China?s goverment loosened the policy in the provinces that had low birth rates.

Question 15

What happened to the fertility rate after the one-child policy was created?

Answer 15

The fertility rate went down 400mllion since the policy was put in place.

Question 16

What disadvantage has the one-child policy caused in China?

Answer 16

• Mot of the children are only childs which can cause them to be spoiled.
• Age distribution

Question 17

What does India have in common with China?

Answer 17

Population grwoth

Question 18

How does India handle the population growth?

Answer 18

They encourage more education towards woman since the believe that if the educate woman better they wont have a lot of children.

Question 19

What is a gorge?

Answer 19

A gorge is a deep narrow pasaage surrounded by steep cliffs

Question 20

Whah has caused major flooding and a lor of deaths?

Answer 20

seasonal rise

Question 21

When did the chinese start woring on the dam?

Answer 21

1994

Question 22

What is a reservoir?

Answer 22

A large artificial lake.

Question 23

When was the dam finished?

Answer 23

In 2006 but started working until 2011

Question 24

Name two benefits that the dam gave to China and its economy.

Answer 24

• Prevented serious flooding along the Chang Jiang.

- Hydroelectric power that the dam provides will be about 10% of Chinas total energy.

Question 25

Name two disadvantages that the dam gave to China and it’s economy.

Answer 25

• 1.5 people were forced to move from their homes to be able to build the dam and reservoir.
• The dam might cause lanslides in the future and ut the homes o many animals in danger.

Question 26

What hapened in China in 1949

Answer 26

Communists defeated the nationalists.

Question 27

What is a martial law?

Answer 27

A goverment mainained by military power

Question 28

In what year did more political parties take part in elections?

Answer 28

1987

Question 29

How did oter countries see Taiwan?

Answer 29

As the legitamate goverment of China

Question 30

What is Taiwans GPD?

Answer 30

Taiwan has a GpD of $800 million

Question 31

What does Taiwan export?

Answer 31

Electronics and machinery

Question 32

Why might China and Taiwan have better diplomatic relatons?

Answer 32

Taiwan imports recieves imports and also exports to China

Question 33

Why did Japan’s economy go down during the 1990’s?

Answer 33

Many busiesses borrowed money and owed a lot of money.

Question 34

Why did the economy of Japan decrease again in 2011?

Answer 34

The economy went down after the tsunami and earthquake happened.

Question 35

77 percent of Japan’s economy is invested in ____

Answer 35

Service industries

Question 36

Name two of Japan’s most important exported goods.

Answer 36

Cars and Electronics

Question 37

What is free trade?

Answer 37

Trade that des not impose tariffs, or taxes on imports.

Question 38

In what year is Japan’s population expected to decrease about 20 percent?

Answer 38

It is expected to decrease n the year 2050

Question 39

When are Japanese workers suposed to retire?

Answer 39

At the age of 60

Question 40

About how much money did the tsunami and earthquake cost Japan?

Answer 40

About $300 billion.

Question 41

What does North Koreas goverment follow?

Answer 41

North Koreas goverment is communist and it follows self-reliance.

Question 42

What does the self-reliance policy restrict?

Answer 42

The policy restricts trade.

Question 43

How much of North Korea’s land is arable?

Answer 43

18 percent

Question 44

Until what year was South Korea ruled by military leaders?

Answer 44

1987

Question 45

What is different from South and North Korea?

Answer 45

South Korea did not isolate itself form teh rest of the world.

Question 46

What does South Koreas economy depend on?

Answer 46

It depends on manufacturing and shipbuilding.

Question 47

When did tension between South and North Korea develop?

Answer 47

In the Korean war in 1953.