China's economy today Flashcards
What is SEZ?
Special Economic Zone
Why did chinese leaders located SEZ’s in each city and province’s?
The chinese leaders thought that it would facilitate the trade.
How did they promoted trade and foreign investment?
The offered to lower the taxes, and lowering the regulations on imports and exports
What is the gross domestic products?
The total value of all the goods and services produced in a country in a given year.
What does China export?
China exports clothes, textile, electronics, and toys. 20% of the exports go to United States.
Why does China’s agriculture contribute’s little to the GDP?
Chinese agricultural workers represent 40% of the total workers. Their GDP might be low but since the chinese land is only 15% arable they can only cultivate enough food for all the population.
What is the one-child policy? Why did they created it?
The one-child policy is that the families that lived in urban areas could only have one child in their house. They created it because China’s population was growing rapidly at the time.
What happened to those who followed the one-child policy?
They were rewarded with more food, a better house, and a better education for the child.
What happened to those who didn’t follow the one-child policy?
They had to pay larger fines.
What were some exceptions that the policy had for the families that lived in rural areas?
Those families living in rural areas could have more than one child.
In what year did the policy broke and why?
It was in the year 2011 because in some provinces there were low birth rates so the population was increasing.
Did the one-child policy was efective or not? Explain.
It was efective because the number of births were reduced in China by 400 million and it improved the living of the chinese people.
What happened to the elderly when in the one-child policy period?
There were more elders than children because of the one-child policy so many daughters and daughters in-law were the caretakers of this elders. Those who didn’t have enough money to help the elders were raising a charity to collect money. The government created retirement homes for the elders who were alone without any family members
How did the chinese population changed their character by the one-child policy?
The “only child’s” grew spoiled and selfish. When they became adults they didn’t care much of their elder parents because they were more focused in their own lives and careers.
What will happen with India’s large population to the country?
The population of India is almost the as China’s. The majority of India’s population are people that are under 25 years old. It is expect that India will increase their workforce.
