Competition has been the key to China's success: I believe that competition has been the key to China's success. ... An Inflationary crisis within two years will test the government's reformist mettle: The 14th Communist Party Congress, set the official seal on the fourth wave of economic reform. ... Government Finance: l think that the government should stop making up for losses of state-owned firms, and stop paying subsidies to these firms and consumers, hence the budget gap would be more than closed. Why privatisation may not be needed: Privatisation in many cases may not be ...

• Word Count: 953
• Approx Pages: 4
• Grade Level: High School

The first country is China. ... China has a capitalistic economy and the only part of the country that remains communist is the government. The Chinese people have different wages, and no one obtains similar things in China. ... He stood in front of tanks belonging to the government to show them that the people had taken enough of the government. ... He showed his opinion for the government to see, and he spoke for the entirety of the Chinese people. ...

• Word Count: 1554
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

Communism is based around the government owning everything and the people having the right to the same things no matter what their status in society is. As soon as the government becomes corrupt communism falls apart and the system breaks down. ... North Vietnam, Russia, Cuba, As well as china are all or were all communist countries. ... China, which is an active communist country, has just recently stepped into space exploration but they are not the first communists in space the Russian's were. ...

• Word Count: 810
• Approx Pages: 3
• Grade Level: High School

The definition for capitalism is "a type of social system that separates the economy from the government. ... He said it is "better for a government to have "no intervention in the economy at all". ... The people who are in charge of production lines own it through the government. Communism is an extreme form of socialism that is mainly used in countries like China and Cuba. ... Communism occurs when the government becomes too powerful. ...

• Word Count: 2083
• Approx Pages: 8
• Grade Level: High School

With government control there could be unfair practices that harm the consumer. ... When the government takes control the need for individuals to respect each other is gone. China is a good example to see the failings of communism. "In China people are starving while the government continues to grow. ...

• Word Count: 2202
• Approx Pages: 9
• Has Bibliography
• Grade Level: High School