Transcript The Economies of East Asia

The Economies of
East Asia
Chapter 24, Section 3
Pg. 712-715
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?
The World’s Largest
Textile Industry...
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 Car Market
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.
China’s Smoking Addiction
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)
Learning to Drive in China...