China. Final Exam Globalization has become the main reason to both China’s prosperity and problems. Manufactory for domestic and offshore needs is the cause of high pollution level. The country chose the direction of economic growth and reached the second place in the rank of richest countries in the world in 2009. The more the country produces, the wealthier the influential regions become.
As much as Inia was growing they could not keep up with China so India began sending government officials to China to find inspiration. And found the main difference to be the infrastructure. As a result India has built 3,355 miles of highways, 150 billion on infrastructure, 50 billion on decrepit airports, ports, and roads, 75 billion on power plants and another 25 billion for telecommunications. India is, “the fastest-growing free-market democracy in the world,” said Nath. “China is winning the sprint, and we are going to win the
Big businesses were more powerful than the national government due to trusts. Establishing trusts allowed for these big businesses to run their competition out of business and raise the price of a given product. Thus, consumers had no other option but to
The Gilded Age was the time Civil War and the World War 1. It is also known for the population and economic growth that went rapidly during this time. All the good things led to a lot of political corruption and bad deals. The American political landscape during this time was more corrupt and they didn’t care about political ethics. The business owners had more power than the politicians.
“Patriarchal Confucian” and Individualist factors From the western perspectives, individualism is expressed by “freedom, democracy and equality” .While in China, individualism is always represented by “me-first-ism” and “self-fulfillment ethic”. Since China has experienced rapid economic growth, which weakened socialist spirit and starts to be replaced by individualism. The practice of cold violence has been popular in many rich and educated families in China. Since the economic and housing reform in last several decade, the state control and social value has weaken due to the rapid economic growth. Individualism because of societal change has provided a ground for the form of emotional domestic violence by men towards their wife.
Rather than reducing social and economic inequality, China’s rapid economic growth magnifies the gap of benefits received by people in different socio-economic groups. As we will see, social and economic inequality are two sides of the same coin and is not solely the product of economic development. In addition to pure market forces, state policies play a significant role in contributing to the high levels of inequality China experiences nowadays. Despite the government’s concern towards inequality, recent interventions are not sufficiently targeted at the main causes of this issue which result in the continuing climb of China’s inequality figure. Nevertheless, contrary to conventional wisdom, the threat of inequality to China’s social and
The Story of Unbalance The unbalanced political and economic development of China is the result of China’s Gilded Age, as understood in Age of Ambition: Chasing Fortune, Truth, and Faith in the New China by Evan Osnos. In contemporary China, the triad of fortune, truth and faith are colliding forces under the Chinese political landscape, where powers of aspiration collides with the power of authoritarianism (pg.7). The prosperity of capitalism using specialized zones is an example of unequal development of the rural areas, which leaves it to co-exist in the contemporary without equal resources to succeed. Osnos emphasizes that in China is made of two worlds, even though its one nation (pg. 25).
This journal, available since 1997, was published by the Cambridge University Press which has been around since 1534. This article gives insight on how much money and resources are ruined each year by China’s pollution problem and puts numbers on the losses. This journal gives information about what diseases and effects the pollution has on human life and explains how unavoidable pollution is to the citizens. Pollution not only has an effect on life, but also their GDP. While China is trying to increase its GDP, it is also hurting the increase of production with the negative aspects of pollution.
First of all, the impact of interpersonal relations exists in the social apathy. The development of economic growth and technology, developing country’s social apathy more than developed country, especially such as China. According to The Economist (2013) writes that “In 2011 a toddler known as Yue Yue was knocked down by two different vehicles on a busy street in Foshan, a booming city in Guangdong province in southern China”. The rapid development of economic and social structure change individual moral value, such as their rights, obligations and the degree of social participation. In the present, many Chinese people concentrate their individual benefit increasingly and ignore interpersonal relationship or social issues, because the change of social structure and an environment.
Conclusion Estate tax had been the major revenue generating for the US government in the history of the country. Significantly, used as funding for wars. In current period, though income taxes produce more revenue for the federal government, estate tax still has the big part among researchers, policy makers and the general public. The transfer tax system has its large effect on the economy. Large estates pay the highest tax rates and most tax per estate.