1. The Economies of East Asia Chapter 24, Section 3 Pg. 712-715 Chapter 24, Section 3 Pg. 712-715

2. Economies 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?

3. The World’s Largest Textile Industry...

4. China’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.

5. China Car Market

6. 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.

7. China’s Smoking Addiction

8. 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)

9. Learning to Drive in China...