Social Studies Scribe Post 4/2/07


                               

China-  China was once a communist state which is when the government has very strong control over the economy and society as a whole. From this, China was still behind other countries in technology, and manufactured goods were of poor quality. To help their economy get stronger China allowed many features of the free enterprise system to take hold without completely giving up the communist government. One feature is that Individuals can choose what jobs they want and where to start their own businesses. Another feature is that workers can keep the profits they make. The third feature is that farmers can grow and sell what they wish. Many foreign companies are investing their money in Chinese companies because Chinese workers are willing to work for less money and there are millions of possible customers for their goods. China’s rapid economic growth made more of China’s people able to get jobs in manufacturing and service industries. It also made wages increase and more goods available to buy. Four consumer goods could be TV’s motorcycles cars and DVD players. China’s economic growth has also hurt the environment because of poisonous chemicals being dumped into rivers and smoke from burnt coal polluting the air. Until 1997 the busy city of Hong Kong has been controlled by the United Kingdom and still remains busy like no other country.

  China’s rapid economic growth



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