write 3 3 slide on China and Germany Individual work 1 Choos

write 3 3 slide on China and Germany.

Individual work (1) Choose a city, a region or a country and a time whe it was especially successtul economically Produce one PowerPoint slide for each of the following topics: Explain your choice and present basic facts Explain what was enabled this place to achicve success Explain its decline . Send the PowerPoint presentation before Jan. 31 11:00pm

Solution

Chinese Economic growth miracle

Snapshot of Chinese economy:

Reasons behind success of Chinese economy:

      First: Rural areas (1978-1984)

                  Non-farm enterprises are allowed to establish by government, which encourages households’ savings (Spencer, 2012). It led to the increase in production and efficiency in the agriculture system as well.

                    Urban Economic reforms (1985-1992)

                 It provided greater operational autonomy (Daniel & Germa, 2012) to the national businesses. It made business more competitive under the presence of foreign businesses.

                    Administrative reform (1995)

                Reforms in the rural-urban migration, banking system, tax system; international trade and foreign investment took place.

Recent decline growth rate:

German Post War II Economic growth

German economy after WW-II:

High Growth Story:

From boom to burst: