Chapter 11: East Asia II Flashcards
Climate Regions
- Dry Climate
- Continental Midladtitude Climates
- mild midladtitude
- Wet Climates
- Highland Climates
What is example of an Asian tiger economy?
-South Korea
also Hong Kong, Singapore, and Taiwan
What is the purpose of globalization?
is fundamentally about increasing mobility and increasing interconnection
-IT IS NOT NEW
why did the Asian Tigers grow so fast?
-its all based off export
What is a Chaebol?
large conglomerates that are private but politically connected
Keiretsu
system, series, grouping of enterprises, order of succession) is a set of companies with interlocking business relationships and shareholdings.
What are exmaples of a Chaebol?
Samsung and Mitsubishi
What is development like in North East Asia(Japan and Korea)
-it is state led
Stages of Chinese Development
- Colonial
- Communist
- Reform and opening
What was Chinese development like under Communism?
state owned industries
- private enterprise banned
- state set prices and quotas
What was the Great Leap Forward?
- the aim of the Chinese communist to match the steel production of Britain
- and change China from and agrarian to an industrialized communist society
What happened around the 1970s for the Chinese economy?
- it became clear that state led direction wasn’t working so China begins to open up more
- more free markets and private enterprise encouraged
What are the special economic zones?
-original five cities where foreign factories were allowed
What are joint ventures?
- manufacturing agreements between Chinese and foreign forms
- with goal of acquiring new technology from abroad
Why is China under urbanized
-control of expenses
