Republic of China(Taiwan) Flashcards
What are the official names of China and Taiwan?
China’s oficial name is People’s Republic of China and Taiwans oficial name is Republic of China
What did Taiwan’s leaders think?
They think that they hace control over all of China
What happened in 1987?
The people experienced more democratic freedom
How does the government of China recognized Taiwan?
They recognize it as their province until they declare independence
What did Taiwan did from the 1960s to the 1970s?
They started to develop a market economy
What does the GDP requiers to mantain they way that it is right now?
It depends mostly on exports
What is happening with China and Taiwan right now?
Taiwan is trying to improve relations with China since they are the country which most of Taiwan’s exports go to
Before China, who was the country that was second with the largest
Japan was the largest economy in East Asia but in the 1990’s, their economy began to slow down
What were two problems that halted Japan’s economy growth of the 2000s?
One problem was the worldwide economic downturn in 2008 and an earthquake and tsunami in 2011
What helped Japan achieve the third largest GDP in the world?
The industries that helped Japan were service industries and manufacturing
What does Japan really depends on?
Japan doesn’t have natural resources so they depend a lot on exports
What type of trade does Japan has?
They have a free trade that doesn’t impose taxes on imports or in tariffs
What is a problem Japan will face in the future?
It is expected that the population will be 20% smaller than 2009 and most of the population will be people with ages of 65 or above
At what age are workers supposed to retire?
The men in the workforce are supposed to retire at age 60
What was disabled in Japan that could cause a big problem?
Nuclear plants were permanently disabled and that can be a big problem
Are both Korea’s the same?
no, because they have developed in very different ways
What type of government North Korea has?
They have a communist government and its official name is Democratic People’s Republic of Korea
What does the industry helps the more?
Most of the industry helps develop the military equipment
What happened in North Korea in the 1990s?
a famine that killed almost 3 million people
How’s South Korea different from North Korea?
South Korea is a democracy and its official name is Republic of Korea
Why does South Korea has a great economy?
Because unlike North Korea, South Korea accepts loans from other countries like the US and they aren’t isolated
What is the mayor industry in South Korea?
The mayor industry is shipbuilding which made them the largest builder of ships in the world
Why is there little hope on reunification of both Korea’s?
Because of North Korea’s development of nuclear weapons and an attack at a south Korean island
