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China's Economy Flashcards | StudBud
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China's Economy
China's Economy
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Answers
1
What does Martial Law mean?
Government led welfare system
Mutural agreement of power transfer
Government controlled by military power
Military power with people's votes
2
How does Taiwan relate to the United States?
None of the Above
Economic Ally
Military Ally
Economic and Military Ally
3
United States has a _____________ economy.
Communist
Command
Mixed
Socialist
4
Which country is Taiwan's largest trading partner?
United States
India
China
Japan
5
What percentage (estimated) work within the agriculture industry of China?
35
45
40
75
6
As of 2017, China has passed the United States in Purchasing Power Parity (PPP).
True
False
7
China historically was which of the following economic systems?
Command
High Output
Capitalist
Republic
8
What does the acronym SEZ stand for?
Special Elevated Zones
Superior Economic Zones
Special Economic Zones
Super Elevated Zones
9
Which two countries have the largest and most powerful economies in the world?
China and the United States
China and Canada
China and the United States, and Great Britain
United States, and European Union
10
Current day China has a ____________ economy.
Planned
Command
Pure Capitalism
Mixed
11
There are different types of SEZs in China.
True
False
12
China's major industries include which of the following?
All of the Above
Agriculture
Industry
Services
13
Taiwans political status as a indepdent country is uncertain.
True
False
14
Allowing privitization of business for profitable gains is called...
Capitalism
Dictatorship
Socialism
Marxism
15
Taiwan's economy relies on ________________ to grow its GDP.
Exports
Imports
Purchase Power
All of the Above
16
Which best describes an SEZ?
Lower taxes and stricter regulationst to offset buisness
Entrepreneurs leave to gain knowledge and come back
lower taxes and regulation to promote economic growth
Higher taxes with lower regulations to promote buisness
17
United States and China lack influence in certain areas because of economic supriority.
True
False
