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The Economyof ChinaCreated byMr. Raponi

A Strict Government

Since 1949, China has

been ___________________, in which the government has strong control over the economy and society as a whole.

This means that the

_____________________, not individuals or businesses, decide what crops to grow, what products to make, and what prices to charge.

Problems With

Communism

China discovered that the communist system created many

________________.

China fell behind other countries in

________________, and manufactured goods were of poor quality

Changing the Economy

In recent years, China’s leaders have begun to make many changes to make the country’s economy stronger.

Without completely giving up

all ___________________, the government has allowed many features of a

________________________, meaning that people are allowed to make money and do not have to turn their money over to the government.

Fun Foods in China

A New Economy for the Chinese

With this Free Enterprise System in place, the

________________ allows individuals to choose what jobs they want and where to start their own businesses.

Workers can keep the

_________________ that they make and farmers can grow and sell what they wish.

Farms and Factories

As a result of these

_______________________, China’s economy has boomed!

Factories produce textiles, chemicals, electronic equipment, airplanes, and machinery.

Because of mountains and

deserts, only ______________ of China’s land is able to be farmed.

Even with a small amount of land, the Chinese produce tons of tea, rice, and wheat

on ________________________________ which are stair-stepped strips of land cut out of hills.

Investment Options

Eager to learn about new business methods, China has asked others countries

to ________________________ in, or put money into, China’s businesses.

Many companies in China are now jointly owned by both Chinese and

____________________ owners.

The benefits are, Chinese workers get paid much less than workers in other countries, and China could have hundreds of millions of customers.

My 30th Birthday Morning

More Types of Jobs

Because of economic growth, more of China’s people are able to get jobs in manufacturing and

__________________, jobs that offer a service instead of selling you something. Hotels Restaurants Airlines Banks

The Positives of a New Economy

________________ (Money), have increased and more goods are now available to buy.

Some Chinese now enjoy a higher standard of living and can afford to buy

___________________, products that people buy for themselves, such as TVs, Cars, DVD Players, and IPODs.

Anyone Need to Take A Bathroom Break?

One Catch…. You Have to Use the Chinese Toilet!!

Problems That Have

Arisen

Not everyone has

__________________ well to the new economy. Many people feel that prices have risen to quickly and many people still remain poor.

The economic growth has also harmed the

______________________. There has been quite a bit of pollution of air and water and many people in China die of lung disease.

Not Easy Lives For Many People

It is estimated that 200 million people in China live on less than $1.00 a day!

An Army for an

EmperorThe Terra Cotta Warriors and Horses of Qin Shi Huang the First Emperor of China.

The terracotta figures, dating from 210 BC, were discovered in 1974 by some local farmers near Xi'an, China near the tomb of the First Qin Emperor.

The figures vary in height 6ft–6ft 5in, according to their role, the tallest being the generals.

An Army for an

EmperorThe figures include strong warriors, chariots, horses, officials, acrobats, strongmen, and musicians.

The entire Project took more than 11 years to finish.

There were over 7,000 soldiers, 130 chariots with 520 horses and 150 cavalry horses, the majority of which are still buried in the pits.

Each Pottery Figure was original and there are no exact replicas.