China's Economy Flashcards
What is the definition of a “SEZ”
A SEZ is a Special Economic Zone
What is a “SEZ” used for?
It is an area where business develops without involvement with the government
When was the SEZ oficially estabilished?
It was created in the early 1980s
What did Chinese leaders use to promote the use of the SEZ?
They lowered the taxes
Where was the first SEZ established and what happened to the place?
In a rural area called Shenzhen and it became a very big city
What 2 countries have the best economies?
The US and China in that order
What 3 activities influence the growth of China’s economy?
Industry, Services and agriculture
What exports is China known for?
Clothing, toys, textiles, electronics
What is something that is improving and becoming a big part of China’s economy?
Tourism
What did they do to slow the growing population?
They created the one-child policy
What happened to families who complied with the policy?
They were awarded with more food, better living conditions, and work opportunities for the child
What is a negative impact of the policy?
That the only children are seen as spoiled and selfish
What is a negative impact in the population?
There are more elderly people than young ones
What other county has a large population ?
India
What is the difference between China and India?
That in India majority of the population is around 25 years old
What is the difference in the laws and policies of India and China?
India does not force very strong laws and instead encourages women to work because they believe working women are less likely to have many kids
How high and wide is the Three Gorges dam?
600 feet high and 1.3 miles wide
Why was the Dam built?
To prevent flooding and also as a source of hydroelectric energy
When do heavy rains fall that caused the Dam?
Summer Monsoon
How much did the Dam cost to build?
25 Billion
What is a consequence of the Dam?
About 1.5 million people were forced to move from their homes to be able to have the space to build the Dam and that 1000 historical sites are now underwater
What is a benefit of the Dam?
It has prevented flooding and it is predicted to make up a total of 10% of China’s energy
