Test 3 Flashcards
how did costa rica change their government
they got the military out of power
what happened to Argentina
was once rich country that made poor decision after another
who is peron from argentina
he was a ruler between world wars for argentina
what was the problem with peronism
- highly clientelistic
- followed fascist ideology from hitler
who is the current president of argentina
javier milei
what is one reason africa is poor
they hold very tight ethnic groups so the physical borders do not mean much
why has indonesia grown more than nigeria
they put more importance on nationalism (one group)
what is the capital of kenya
nairobi
what is the capital of sweeden
stockholm
what is the currency of sweeden
krona
how did sweeden act in the 19th century
- built up infant industries to create cartels (like germany)
- allowed people to unionize (created very socialist democratic party)
what is the definition of corporations
collective action groups that pool resources together
how did the first world war affect sweeden
good, they were able to stimulate using exports
how did inter war time affect sweeden
- decided to deficit spend on infrastructure
- left and right agreed to create welfare state while keeping oligopolies (salts-juban agreement)
what are main points of the rehn-meiger model
- move up industries to higher level ones (lumber to tech)
- keep wages low to increase profits which would allow more productive industries to win
what is a problem with the rehn-meiger model
it left people in the slower industries behind or unemployed
what was the problem with sweeden in the 60s
younger people were free riders on the welfare state causing it to become very expensive
how did sweeden make their industries competitive internationally
invested in human capital to create a comparative advantage
things to know about meji japan business makeup
- very large corporations (modeled after germany)
- oligarchs ruled not the emperor
what group is the majority in china
Han chinese
who is the current leader of china
xi jingping
what is the political and economic makeup of china currently
politically communist but economically capitalism
what century is called the “century of humiliation” for china
19th
why is it called the century of humiliation
china lost…
1. hongkong to britain
2. taiwan to japan
who was the chinese civil war fought between
ccp vs kmt
who was the leader of the ccp
Mao zedong
who was the leader of the kmt
chaing
after the kmt lost where did they go
taiwan
what were the 2 big events started by Mao
- cultrual revolution
- great leap forward
what was the great leap forward
a developmental approach for economic change
what were the results of the great leap forward
- 30 million people died
- famine
what was the reason for the cultural revolution
to purge the country of anti-china values (no capitalism)
what was the result of the cultural revolution
3 million people died
what is china currency
yuan
who lead modernization and changes in china during the 70s
deng
how did the meji era of japan change the economy
there was massive industrialization and became a developmental state
what type of industries did Japan model theirs after
german cartels
what were the japan cartels called before ww2
ziabatsu
what were the japan cartels called after ww2
kieretsu
what caused japanese democracy to become unstable in the early 20th century
military coups