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South and East Asia Economic Systems

*WRITE ALL*. South and East Asia Economic Systems. India. Type of Economy Mixed, mostly Market Choices Consumers Have *Can buy anything *Business ownership Problems with the Economy Today *60% literacy rate (LOW) *Extremely poor country * Pollution Specializations

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South and East Asia Economic Systems

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  1. *WRITE ALL* South and East Asia Economic Systems

  2. India Type of Economy • Mixed, mostly Market Choices Consumers Have • *Can buy anything • *Business ownership Problems with the Economy Today • *60% literacy rate (LOW) • *Extremely poor country • *Pollution Specializations • Service, Technology (Industry)

  3. China Type of Economy • Mixed, Only SLIGHTLY leaning toward market • *Citizens can own businesses • *Open to trade with foreign countries Problems with the Economy Today • *Pollution • *Government has control over people • *Over populated Specializations • Consumer products, agriculture

  4. North Korea Type of Economy • Command Choices Consumers Have • *None Problems with the Economy Today • *Weak economy • *Produces Uranium/Nuclear weapons • *Low GDP Specializations • Minerals, agriculture, natural resources

  5. Japan Type of Economy • Mixed, mostly Market Choices Consumers Have • *Own businesses • *Buy anything they want • *Lots of technology Problems with the Economy Today • *Rely on imported goods and foods • *Competition from China and South Korea Specializations • Technology

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