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QR Challenge: Economics of South and East Asia

QuestionAnswer
The economy of China can best be described as Mixed
In the years after the communist revolution the Chinese government organized farmers intocollective farms
The purpose of China creating Special Economic Zones was toincrease trade with foreign countries
Today at least half of China’s workers are still involved inagriculture
The economy of India can best be described asmixed
The Green Revolution was India’s attempt to improveagriculture
One of the problems resulting from the Green Revolution waswater pollution
One of the most successful parts of India’s economy today istechnology and electronics
The economy of Japan can best be described as mixed
The Japanese economy has to make up for the country’s lack ofnatural resources
What is the job of the Ministry of International Trade and Industry in Japan?helping companies decide what goods to sell on the open market.
What percentage of India’s population work in agriculture?over 50%
Which best describes the majority of the farms in India?small, family owned farms
Poor decisions made about how to organize farming in North Korea have resulted i many years of?starvation
North Korea's leaders have spent a great deal of the country's money onthe military.
How was the Green Revolution an example of investment in human capital in India?Farmers were given training and new technology
How did the Four Modernizations affect Chinese agriculture?Farmers were given better seed and equipment.
What is one of the most important ways Japan has invested in human capital?education
How do Japanese companies invest in human capital in dealing with their workers?Companies provide benefits like health care and recreation facilities.
How did the Four Modernizations affect Chinese industry?Many factories began to increase the production of consumer goods that were easier to sell.
Why is investment in capital goods important for a country like Japan?Japan's economy depends heavily on industry and must be modern to be competitive.
India must invest in capital goods to help overcome which problems?overpopulation and poverty

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