Economic Systems of China and Japan

Use the image below to answer the question: What letters on the spectrum best represent the economic systems of China and Japan?

• China is closer to A and Japan is closer to D.

• Japan is closer to B and China is closer to C.

• China is closer to C and Japan is closer to A.

• Japan is closer to D and China is closer to C.

Which statement accurately reflects the influence of traditional values and communist ideology on the political and economic systems of Japan and China?

• Japan’s system is heavily influenced by its traditional values, while China’s system is heavily influenced by its emphasis on consensus-building.

• Japan’s system is heavily influenced by its traditional values, while China’s system is heavily influenced by its communist ideology.

• Japan’s system is heavily influenced by its communist ideology, while China’s system is heavily influenced by its traditional values.

• Japan’s system is heavily influenced by its emphasis on consensus-building, while China’s system is heavily influenced by its traditional values.

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Use the text below to answer the question: In the 1940s, communists took control of China and established a command economy. The Chinese government claimed ownership of all of the factors of production and private ownership of property was made illegal. However, the Chinese economy was not strong. Beginning in the late 1970s, China’s leaders began encouraging increased private ownership and investment. By 2000, economic output and living standards had improved dramatically for many Chinese. The Chinese economy has now become one of the world’s largest. However, this shift away from a communist economy has come without real political change. The Chinese government continues to hold tight political control over the people. According to the article, how is life in China different today than it was 50 years ago?

• There is much more political freedom.

• China has become a strictly communist country.

• There is much more economic freedom.

• All of China’s industries have been nationalized.

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Identify which country (China or Japan) best matches the characteristics listed in each column.

Answer explanation

the column on the left is China and the right is Japan

Describe at least two similarities and/or differences between the political and economic systems in Japan and China.

Answer explanation

China is a communist party-led state with three branches of government whereas Japan is a

constitutional monarchy with a parliamentary government and both an emperor and prime

minister. China’s top exports are electronics, plastics, footwear, and machines while Japan’s,

are automobiles and electronic equipment.