Republic of China (Taiwan)

Question 1

When did people established The Republic of China?

Answer 1

After the communists defeated the Nationalists in China in 1949. Nationalists flew to Taiwan where they established it.

Question 2

What is martial law?

Answer 2

A government maintained by military power.

Question 3

During martial law of Taiwan, what did Nationalist leaders claimed?

Answer 3

They claimed that they had authority over all China, including the mainland.

Question 4

In 1987 more political parties were allowed to take part in elections and lifted martial law. What happened as a result to people?

Answer 4

People on the island were able to experience more democratic freedom.

Question 5

How does China consider Taiwan nowadays?

Answer 5

Mainland China considers Taiwan as one of its provinces. It has chosen not to challenge Taiwan, as long as it doesn’t declare its independence.

Question 6

What has fueled the growth of Taiwan’s GDP?

Answer 6

Exports have been fundamental for its growth. Taiwan depends so much in exports than the economy declines when world demand for its goods decreases.

Question 7

What are some exports of Taiwan? What is something that could help but is limited?

Answer 7

Electronics and machinery. Farming is limited because much of the country is covered by mountains.

Question 8

What has improved economic cooperation between China and Taiwan and may also lead better diplomatic relations?

Answer 8

Chinese investors have been able to directly invest in Taiwan and also Taiwanese financial films have opened in mainland China.

Question 9

In 1990 why did Japan’s economic growth began to slow down?

Answer 9

Many businesses of the country had borrowed huge amounts of money and were deeply in debt. With little capital, production declined.

Question 10

What means capital in the aspect of money?

Answer 10

Money of investment.

Question 11

In the 2000’s Japan’s economy began to recover. However, then the progress was halted. Why?

Answer 11

1. Worldwide economic downturn, which led to a decrease of the demand of Japanese exports
2. Many industries suffered because of the 2011 earthquake and tsunami.

Question 12

In what is most of Japan’s economy invested?

Answer 12

77% in service industries and 22% in manufacturing.

Question 13

What does Japan’s economy heavily depends on?

Answer 13

Japan imports must of its raw materials needed for its industries.

1. Cars
2. Computers
3. Other electronics

Question 14

Compared to other Asian countries and exporters how is Japan different?

Answer 14

It hasn’t promoted free trade with its neighbors as well as the others, which makes Japan’s exports more expensive than the others with free trade agreement.

Question 15

What is free trade?

Answer 15

It is trade that does not impose tariffs or taxes on imports.

Question 16

Why does Japan’s aging may have a harmful effect on the country’s economy?

Answer 16

Its population is expected to be smaller and older, which suggests that Japan will have a shortage of workers and entrepreneurs, since these risk takers are most likely to be young.

Question 17

Japanese workers are required to retire at 60. How could Japan increase it workforce?

Answer 17

1. Encouraging older workers to keep working.
2. Providing more economic opportunities for women.
3. Relax the limits that the country places in foreign investments in Japanese companies.

Question 18

What challenges faced Japan after the 2011 earthquake and tsunami?

Answer 18

1. Manufacturing fell sharply.
2. Power supplies decreased when several of Japan’s nuclear power plants became permanently disabled.
3. Analysts feared that the disaster would put an end or stop the country’s economy recovery.

Question 19

What kind of government has North Korea?

Answer 19

A communist government which follows a policy of self-reliance.

Question 20

What means self- reliance? What consequence has it caused to North Korea?

Answer 20

In means that the country mainly depends of its own efforts and abilities. This policy has caused North Korea to be isolated from most other countries.

Question 21

With what country does North Korea mainly has commerce with? What is most of the country’s industry devoted to?

Answer 21

With China. Most of the industry is devoted to military equipment.

Question 22

Few land of North Korea land is arable and the climate doesn’t support long growing seasons. In 1990, the country face through flooding and droughts. What happened as a result?

Answer 22

It greatly decreased food production and a large part of the population face through famines which as a result caused millions of deaths.

Question 23

What type of government has South Korea?

Answer 23

A democracy, free elections and multiple political parties.

Question 24

What type of government has South Korea?

Answer 24

A democracy, free elections and multiple political parties.

Question 25

What is the difference between North and South Korea referring to trading and economy?

Answer 25

South Korea didn’t isolate itself from the rest of the world. It accepted grands and loans from other countries which caused the country’s market economy to grow quickly.

Question 26

What does South Korea’s economy heavily depends on ?

Answer 26

Like Japan, the country has few natural resources and relies on its exports to fuel its economy.

1. Manufacturing.
2. Shipbuilding –>largest in the world.
3. Automobiles
4. Electronics

Question 27

After the Korean War. The relation and interaction between the two Koreas was improving, however it then later stopped and the hope that the countries would reunite soon ended. What happened that stirred up hostilities once again?

Answer 27

In 2010, North Korea attacked a South Korea’s island. Due to its development of nuclear weapons.