Name: ______
4th9 Weeks Benchmark Review
Southern and Eastern AsiaHistory
NATIONALISM TO INDEPENDENCE
Define Nationalism… / Colony of: / Nationalist movement led by:Vietnam
India
Mohandas “Mahatma” Gandhi
U.S. Rebuilding Japan After WWII
Communism in China
Containment of Communism
Korean WarReason U.S. got involved:
Results: / Vietnam War
Reason U.S. got involved:
Results:
Governments of Southern and Eastern Asia
- Power Distribution Systems –
- Citizen Participation –
What Kind of governments are in these countries?
China: ______Japan: ______
India: ______North Korea: ______
Economies of Southern and Eastern Asia
- Why has China’s GDP increased so much? ______
- Why is North Korea a command economy? ______
Economic Terms
1. Traditional=
2. Command=
3. Market=
4. Mixed=
5. Tariff=
6. Quota=
7. Embargo=
Why are trade barriers used?
List and define the factors of Production.
Personal Finance
Define and give an example:Income, Spending, Saving, Investing, and Credit
4th9 Weeks Benchmark ReviewKEY
Southern and Eastern Asia History
NATIONALISM TO INDEPENDENCE
Define Nationalism…Pride in one’s country / Colony of: / Nationalist movement led by:
Vietnam / France / Ho Chi Minh
India / Great Britain / Mohandas Gandhi
Mohandas “Mahatma” Gandhi
U.S. Rebuilding Japan After WWII
Communism in China
Containment of Communism
Korean WarReason U.S. got involved:
-Domino Theory
-Communist North Korea invaded democratic South Korea.
-Contain communism
Results:
-3 year war.
-Remained divided at 38th parallel (DMZ)
-Communism contained to North Korea.
-South Korea democratic. / Vietnam War
Reason U.S. got involved:
-Domino Theory
-Communist North Vietnam wanted to reunite with South Vietnam
-U.S. supported French efforts to regain colonial control of Vietnam to stop spread of Communism
-Contain communism
Results:
-Lasted many years
-thousands died
-very unpopular war in U.S.
-Vietnam reunited under Communist government
Governments of Southern and Eastern Asia
- Power Distribution Systems – Unitary, Confederation, and Federal
- Citizen Participation – Autocracy, Oligarchy, Democracy (Parliamentary and Presidential)
What Kind of governments are in these countries?
China: Communist, Oligarchy, Unitary
Japan: Constitutional Monarchy, Parliamentary Democracy, Unitary
India: Republic, Parliamentary Democracy, Federal
North Korea: Communist, Autocracy, Unitary
Economies of Southern and Eastern Asia
- Why has China’s GDP increased so much? Have allowed more entrepreneurs and moved away from a command economy
- Why is North Korea a command economy?they’re a communist country with an autocratic ruler.
North Korea (4.9) India (52.6) China(57.4) Japan(69.6)
Pure Command Mixed Pure Market
Economic Terms
1. Traditional= based on customs and traditions
2. Command= based on government decisions
3. Market= consumers and producers make the economic decisions
4. Mixed= economic decisions based on both government and consumers/producers. This is where most economies fall on an economic continuum because they are most successful with consumer and government control.
5. Tariff= TAX on IMPORTED goods
6. Quota= LIMIT on IMPOTED goods
7. Embargo= Ban on trade
Why are trade barriers used?To protect domestic good, jobs, businesses
List and define the factors of Production.
Entrepreneurs- people who take a risk to start a business
Investment capital- items that people need to perform their jobs (ex. machines, technology, etc.)
Human capital- People who perform labor (ex. education, training, etc.)
Natural resources- resources that come from nature
Personal Finance
Define and give an example:
Income- Total of a person’s earning at a job
Spending- Buying goods and services you want or need.
Saving- Money that is not spent after buying things wanted or needed.
Investing- Putting your money into something that will make you money or a profit
Credit- Ability to borrow money