1. “Economies of S+E Asia”
7th Grade Social Studies

2. SS7E8
SS7E8
“The student will analyze different economic systems.”

3. SS7E8c
SS7E8c:
“Compare and contrast the economic systems in China, India, Japan, and North Korea.”

4. SS7E8c China: Mixed economy:
A mixture of private and government-owned businesses
Closer to Market side of continuum

5. SS7E8c
China:
Mao and the Communists set up a Command Economy during the early 1950s
Over the past few years, the government has introduced more free enterprise
China has transitioned from a mostly Command Economy to a modern Mixed Economy
Rapidly industrializing
Leads to much pollution

6. SS7E8c India: Mixed economy:
A mixture of private and government-owned businesses
Closer to Market side of continuum

7. SS7E8c India: Affected by overpopulation Rapidly industrializing:
Leads to much pollution

8. SS7E8c Japan: Mixed economy:
A mixture of private and government-owned businesses
Closer to Market side of continuum

9. SS7E8c
Japan:
After the U.S. helped rebuild Japan after World War II, the economy has greatly expanded
Economy allows for a high amount of entrepreneurs and a high standard of living
Huge trade surplus (Exports > Imports)

10. SS7E8c North Korea: Mixed economy:
A mixture of private and government-owned businesses
Closer to Command side of continuum
98% Command

11. SS7E8c North Korea: The government plans all economic activities
The country is extremely close to being a pure Command Economy