China Today Chapter 22, section 3

China’s Economy Under communism- Command Economy Since 1970s-Allowed aspects of market economy- Mixed Economy » Some Private ownership » Foreign business people allowed to own companies

Types of Economies Command Economy Economic system in which the government owns all the businesses and makes all of the decisions Market Economy An economic system based on free trade and competition

Economy Today Agriculture Rice, wheat, corn, and potatoes More Chinese work in farming than anything else 10 percent of land good for farming Industry Industry and manufacturing most profitable part of Chinese economy Manufactures many products

China’s government Government tightly controls most areas of life Government controls newspapers and internet People who oppose the government are harshly punished China controls Tibet – Limits rights since 1959 rebellion

Rural China Farming methods outdated Small villages Small shops Not modern Urban China Higher standard of living Shanghai is largest city Beijing is capital Rapid city growth Seaport, industrial Cultural and political center Trade and tourism-Hong Kong Healthier

Rural China

Urban China

Challenges

Environment Air and water pollution (Three Gorges Dam) Loss of farmland Loss of forest Desertification

Three Gorges Dam

Economic Rural Chinese very poor High unemployment Overcrowding in cities

Political Little political freedom Not respecting human rights Some countries want to limit trade

Challenges 1.Poverty 2.Unemployment 3.Little political freedom 4.Not respecting human rights 5.Pollution 6.Desertification 7.Flooding