Final Practice

Question 1

Pros and Cons of using Banks through Stock Market

Answer 1

lack of ownership, oversight.

Question 2

Get the Time Line Clear

Answer 2

Got it? Good

Question 3

Why did EA diverge? When?

Answer 3

Rise of NICS, China in 1980’s

Question 4

When did China and Japan intersect?

Answer 4

1990’s. China, early post-mao reforms. Japan was ahead because of Jap Miracle

Question 5

GDP doesnt tell you the whole story

Answer 5

why? because population is distributed unevenly over EA

Question 6

What did we study?

Answer 6

Smaller commerce
Business and Imperialism
Meji Catch up
business and japanese empire
japanese miracle - rebuilding form the war 
When NICs take off

Question 7

What do we know about Japanese companies in the post war

Answer 7

ff

Question 8

similaty factors

Answer 8

similarities and differences across space and time
land and pop. is unevenly distrbuted

is it possible one model can work for everyone?

Question 9

CULTURE

Answer 9

can we see broad cultural similarities and defiferences?

Popular confucucianism

importance on family

emphasis on education

emphasis on hierarchy

Frugality and saving - highest saving rates in the world

Question 10

Can a cultural argument still apply to the PRC which spent 25 years under Mao trying to destroy tradition?

Answer 10

ehh

Question 11

What did Confucianism emphasize?

Answer 11

Emphasis on cooperation or community stemming from Buddhism or some sort of Asian values

Question 12

BUT what do we notice?

Answer 12

lots of conflict so no community

lots of entrepreneurship which indicates individuality

Question 13

If you wanna make an argument on culture,

Answer 13

look in QDG EA culture but get evidence from culture

find actual behaviors and examples from the case studies to support your assertions. you cannot just assume a common culture.

Question 14

Institutions

Answer 14

State structures:

Authoritarian states prior to first wave of regmine changes
authoritarianism continued afters second wave of regime changes
Third wave of regime changes results in new authoritarian states everywhere except democratic Japan
Frouth wave of regime changes brought democracy to Taiwan and SK

  -need to fund elections contributed to corruption in Japan and SK

LOOK UP 9 forms of business

Question 15

World Systems

Answer 15

EA object of Western imperialism before first wave of regime changes

Later, Japanese empire brought Japan-centered regional development

The cold war divided EA in capitalist and communist camps

Question 16

EA Interdependency:

Answer 16

We must remember a regional form of analysis

Example: Japan used cheap labor in Taiwan and Korea

Japan, Taiwan, HK used cheap labor in China

Question 17

Continency

Answer 17

China too large to colonize?
China and Japan both had vibrant commercial systems before the great divergence
Japan had less pressure from foreign imperialists
The japanese empire
Japan’s invasion of China allowed
Cold War and Korean War ended with a divded Korea and a Divided China ( Taiwan )