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III. Economies of East Asia. A. Economies of East Asia East Asia has some of the richest economies in the world today United States buys many of its goods.

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Presentation on theme: "III. Economies of East Asia. A. Economies of East Asia East Asia has some of the richest economies in the world today United States buys many of its goods."— Presentation transcript:

1 III. Economies of East Asia

2 A. Economies of East Asia East Asia has some of the richest economies in the world today United States buys many of its goods from the countries of East Asia

3 B. China’s Economy China’s government controls most of its economy Most large companies are controlled by the Chinese government Government plans the number of goods produced by each workers

4 Chinese Sweatshop

5 C. Agricultural Work Majority of Chinese people still work as farmers World’s largest produce of rice today Most Chinese people use traditional farming methods instead of using machinery

6 D. Taiwan World leader in the production of manufactured goods Has also spent billions of dollars developing industries throughout China

7 E. North Korea Is also a communist country where the government controls the economy One of the poorest countries in the world today Textiles – cloth manufactured by weaving or knitting Cooperatives – 300 families who share the farming work on large government-owned farms

8 Corn Harvest in North Korea

9 Korean Workers on Collective Farms

10 F. South Korea Was a poor country following the Korean War Allied with the United States and is today one of the richer countries in the world United States is their major trading partner

11 G. Japan One of the world’s richest countries Small, island nation with few natural resources and little farmland Relies on an educated workforce

12

13 Japan’s Bullet Train Can Travel 300 MPH

14 Imports most of the raw materials needed from other countries United States is their biggest customer Skilled works make cars, electronics, and cameras


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