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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

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china today

China Today

Chapter 22, section 3

china s economy
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
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
Economy Today

Agriculture

Industry

Industry and manufacturing

most profitable part of Chinese economy

Manufactures many products

Rice, wheat, corn, and potatoes

More Chinese work in farming than anything else

10 percent of land good for farming

china s government
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
slide8
Rural China

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

Farming methods outdated

  • Small villages
  • Small shops
  • Not modern
environment
Environment
  • Air and water pollution
  • (Three Gorges Dam)
  • Loss of farmland
  • Loss of forest
  • Desertification
economic
Economic
  • Rural Chinese very poor

High unemployment

Overcrowding in cities

political
Political
  • Little political freedom
  • Not respecting human rights
  • Some countries want to limit trade
challenges1
Challenges
  • Poverty
  • Unemployment
  • Little political freedom
  • Not respecting human rights
  • Pollution
  • Desertification
  • Flooding
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