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The Economies ofEast Asia
The Economies ofEast Asia
Chapter 24, Section 3Pg. 712-715
Chapter 24, Section 3Pg. 712-715
Economies of the RegionEconomies of the Region
•Since WW II, Asia’s markets have grown.
• Japan has one of the strongest economies in the world - #3 GDP.
•China, Japan, Taiwan, and South Korea all export to the U.S.
•North Korea - poor economy - Why?
•Since WW II, Asia’s markets have grown.
• Japan has one of the strongest economies in the world - #3 GDP.
•China, Japan, Taiwan, and South Korea all export to the U.S.
•North Korea - poor economy - Why?
The World’s Largest Textile Industry...
The World’s Largest Textile Industry...
China’s EconomyChina’s Economy
•China’s government controls most of the economy - it is changing each day.
•Largest producers of cotton cloth.
•Machine building, metal production, chemical fertilizers and clothing.
•China’s government controls most of the economy - it is changing each day.
•Largest producers of cotton cloth.
•Machine building, metal production, chemical fertilizers and clothing.
China Car MarketChina Car Market
China’s Economy Continued...
China’s Economy Continued...
• Many people farm traditionally.
• Much of the land in China cannot be farmed.
• World’s largest producer of rice.
Major producer of wheat, corn, soybeans, peanuts, cotton and tobacco.
• Many people farm traditionally.
• Much of the land in China cannot be farmed.
• World’s largest producer of rice.
Major producer of wheat, corn, soybeans, peanuts, cotton and tobacco.
China’s Smoking Addiction
China’s Smoking Addiction
Other East Asian Economies
Other East Asian Economies
• Taiwan - manufacturing and foreign trade, heavily invested into China – Why is this so interesting?
• North Korea - Coops and iron, steel, machinery, chemical, and textile production.
• South Korea - Electronics, appliances, textiles, cars (KIA & Hyundai).
• Japan - very little farmland and natural resources = skilled labor force that builds ships, cars, steel, plastics, cameras - U.S. is the biggest customer (Sony & Toyota)
• Taiwan - manufacturing and foreign trade, heavily invested into China – Why is this so interesting?
• North Korea - Coops and iron, steel, machinery, chemical, and textile production.
• South Korea - Electronics, appliances, textiles, cars (KIA & Hyundai).
• Japan - very little farmland and natural resources = skilled labor force that builds ships, cars, steel, plastics, cameras - U.S. is the biggest customer (Sony & Toyota)
Learning to Drive in China...
Learning to Drive in China...