Transcript Tuesday, March 6th Bell Ringer #12

Monday, June 3rd
Class Discussion
If you could start a business or do anything
in the world that you wanted to do – what
would it be? What are 3 problems that
confront any start up business?
Here is the plan…
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Students will understand the changes that
took place in China after the death of Mao.
Students will look at the positive &
negative results of those changes.
Students will know the difference between
democracy and capitalism.
1976 – MAO is DEAD!!
DENG is the MAN
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Deng Xiaoping
succeeded Mao and
became the most
powerful man in
China in the 1980’s.
Primary goal was to
modernize and
improve China’s
economy.
Died in 1997 at 92
Activity
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Compare the USA to the 5 nations of East
Asia in the following 5 economic
indicators : GDP PPP, GDP per capita PPP,
GDP real growth rate, Unemployment
rates, Population Below the Poverty Line*
Use CIA Fact book and Excel to graph.
Can you be…
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Deng wanted the
economic freedom
of capitalism
without the
political freedom
that comes from
democracy.
The Good…
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China has the 2nd largest
economy in the world as
measured by GDP PPP.
China has seen tremendous
growth rates for the past two
decades +.
A middle class is emerging
in modern China.
Ice Cream??? OR I Scream!!!
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A pound of pecans has
jumped from @$2.00 a lb
to over $6.00 a lb as
Chinese consumers have
begun to demand this
product (WSJ).
Do you think that China is
driving up the price of
other commodities?
One order of capitalism
– hold the democracy !!
NOT an easy
task to
accomplish!
Example – Tiannamen Square
The Bad…
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Tiananmen Square showed
that China’s government
would not have their
authority questioned by prodemocracy student
protestors.
Lesson learned – economic
freedom is NOT political
freedom!
Leftover Men
The Bad…
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China has a One Child
Policy enacted to control
population.
It is more of a strong
guideline rather than a
hard and fast rule – some
exceptions are made.
Unintended
consequences???
Bubble Trouble?
The Ugly…
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Environmental
degradation – in rush
to modernize is China
irreparably harming the
world?
7 / 10 Most polluted
cities in the world are
located in China
(source Discovery
News).
The Ugly…
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China’s economy as
measured by GDP per
Capita PPP is NOT
very strong.
Poverty levels for
many Chinese are still
very high.
Haves / Have Nots
Did Deng accomplish his goals?
Here is the plan…



Students will understand the changes that
took place in China after the death of Mao.
Students will look at the positive &
negative results of those changes.
Students will know the difference between
democracy and capitalism.