China Section 2 Assessment Definitions 1. Companies in which a majority of ownership control is held by the government. _________________________ 2.

The term used by the government of China to refer to the countrys current economic system. ___________________ 3. The system put into practice in China beginning in the early 1980s in which the major decisions about agricultural production are made by individual farm families based on the profit motive rather than by a peoples commune or the government. ___________________ 4. A feature of Chinas socialist economy during the Maoist era (19491976) that provided guarantees of lifetime employment, income, and basic cradle-to-grave benefits to most urban and rural workers ___________________ 5. Migrants from the rural areas who have moved temporarily to the cities to find employment. ___________________ Short Answer In 1962 Deng Xiaoping stated It doesnt matter whether a cat is white or black, as long as it catches mice. What did he mean by this?

What have been the major social consequences of Chinas rapid economic growth over the last three decades?

In what ways has Chinas economy become globalized?

What is a socialist market economy?

Multiple Choice 1. The Chinese Communist Party came to power in ________ a) b) c) d) 1949 1946 1947 1993

2. What did Deng Xiaoping abolish in the place of the creation of household responsibility system? a) b) c) d) Collective Farming Separation of Farming Deng Xiaoping never created household responsibility system. Agriculture farming

China Assessment (Answer Key) Definitions 6. Companies in which a majority of ownership control is held by the government. _________________________ State owned enterprises 7. The term used by the government of China to refer to the countrys current economic system. ___________________ Socialist market Economy 8. The system put into practice in China beginning in the early 1980s in which the major decisions about agricultural production are made by individual farm families based on the profit motive rather than by a peoples commune or the government. ___________________ Household responsibility system 9. A feature of Chinas socialist economy during the Maoist era (19491976) that provided guarantees of lifetime employment, income, and basic cradle-to-grave benefits to most urban and rural workers ___________________ Iron rice bowl 10. Migrants from the rural areas who have moved temporarily to the cities to find employment. ___________________ Floating populations Short Answer In 1962 Deng Xiaoping stated It doesnt matter whether a cat is white or black, as long as it catches mice. What did he mean by this? What he meant was that the CCP should not be overly concerned about whether a particular policy was socialist or capitalist if it helped the economy. What have been the major social consequences of Chinas rapid economic growth over the last three decades?

In what ways has Chinas economy become globalized?

What is a socialist market economy? An economic system based on state ownership of capital.

Multiple Choice 1. The Chinese Communist Party came to power in ________ 1949 o 1949 o 1946 o 1947 o 948 What did Deng Xiaoping abolish in the place of the creation of household responsibility system? A a. Collective Farming b. Separation of Farming c. Deng Xiaoping never created household responsibility system. d. Agriculture farming