Contemporary Centres of Power h.w 3

Following the communist revolution, which economic model was adopted by China?

• Capitalist

• Soviet

• Market economy

• None of these

China ended its political and economic isolation with the establishment of relations with the United States in_____.

• 1972

• 1973

• 1978

• 2001

The Chinese did not go for ‘shock therapy’ but opened their economy step by step.

1. 1. privatisation of agriculture

2. 2. Deng Xiaoping announced the ‘open door’ policy and economic reforms in China.

3. 3. privatisation of industry

• 3, 2 , 1

• 1, 2, 3

• 2, 1, 3

Benefits china got by following the Soviet model of economy.

• This model allowed China to use its resources to establish the foundations of an industrial economy on a scale that did not exist before.

• Employment and social welfare was assured to all citizens,

• The economy also grew at a respectable rate of 5-6 per cent.

• Good education and better health facilities.

• All of these

Rajiv Gandhi’s visit to China in December ____

• 1962

• 1973

• 1978

• 1988

What are the issues that compeled china to reforms economy?

• Economic growth was insufficient to meet the needs of a growing population.

• Agricultural production was not sufficient togenerate a surplus for industry.

• industrial production was not growing fast enough,

• International trade was minimal and per capita income was very low.

• All of these

Arrange the following in chronological order.

1. China’s accession to WTO

2. Establishment of the EEC

3. Establishment of the EU

4. Birth of ARF

• • 4,1,2,3

• 2,3,4,1

• • 1,2,3,4

• • 3,4,1,2

Which of the following does the EU not have?

• Constitution

• • Anthem

• • Flag

• • Currency

What is the current strength of ASEAN?

• 11

• 8

• 12

• 10

China's economy will overtake the US by the year _____, as projected.

• 1982

• 1998

• 2001

• 2040