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East Asia: Economy and Current Issues — Homework

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East Asia: Economy and Current Issues — Homework

Answer in complete sentences, connecting to earlier lessons (the demographic transition model, and Russia's command/market transition) where indicated.

  1. 1.What year did China begin its market-based economic reforms, and what two things did China become within a few decades as a result?
  2. 2.Compare China's economic reform since 1978 to Russia's economic transition since 1991: name one similarity and one difference.
  3. 3.Why is South Korea often called the model "Asian Tiger" economy?
  4. 4.How does North Korea's economic system differ from China's, Japan's, and South Korea's?
  5. 5.Using the demographic transition model, explain why China, Japan, and South Korea's aging populations are a serious long-term economic concern.
🌲 Homeschool of the FutureNinth Grade · History · week 29 homework