Political Economy & Development Flashcards
When the Chinese Communist Party came to power in 1949, China’s economy was suffering from more than a hundred years of rebellion, invasion, civil war, and bad government. True or False
True
In the early part of the Chinese communist revolution, the government initially allowed some private ownership and many aspects of capitalism to continue in order to gain support for the government and revive the economy. True or False
True
In the beginning of communist rule, China’s planned economy yielded horrible results with bureaucratic bottlenecks and unnecessary, wasteful red-tape. True or False
False
In spite of the reforms that were instituted by Deng, much of China’s economy today is still dominated by prices being set by administrative decree rather than market forces. True or False
False
Although vastly outnumbered by private enterprises with many more workers in today’s Chinese economy, state-owned enterprises still dominate its critical parts. True or False
True
In China, the state-owned sector remains a huge drain on the country’s economy. True or False
True
The Chinese Communist Party is still exclusively manned by people that come from the public sector and refuse to allow owners of private enterprises to join. True or False
False
The PRC has had the fastest-growing major economy in the world for more than two decades. True or False
True
Under Deng’s revamped agricultural system, the village still owns the farmland, but it is contracted out by the local government to individual families. True or False
True
Although economic reform has generated a tremendous amount of opportunities for the people of China, it has also brought with it serious social problems that include crime and prostitution. True or False
True
The government of China officially reports that the unemployment rate is about 4 percent of the urban labor force, a figure that many believe is actually two to three times higher. True or False
True
In spite of the fact that women benefitted from socio-economic reforms since the founding of the PRC, with the introduction of market reforms the trends are going toward greater inequality for women, keeping the majority in lower-paying, subordinate positions. True or False
True
Farm labor has become increasingly feminized as many men move to jobs in rural industry or migrate to the cities. True or False
True
While the PRC government praises the success of the one-child policy, it has been met with little resistance in the rural areas because of the benefits that are provided. True or False
False
Although there has been some relaxation of the one-child policy, especially for rural couples and ethnic minorities, the PRC has announced that it will remain in effect until at least 2015. True or False
True
Unlike the United States, China has been able to better control pollution by introducing harsher restrictions on carbon dioxide emissions. True or False
False
Chinese exports have soared from negligible levels in the late 1970s to the world leader, ahead of Germany, the United States, and Japan. True or False
True
In spite of China’s dramatic economic growth rates in foreign trade, it is still more economically independent in this area than the United States or Japan. True or False
False