Country Comparison: China and India

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China is the second major economy in the world and most populated country in the world with well over 1.3 billion people. Simultaneously, India is the second most heavily populated country consisting of 1.1 billion people. Although 1.1 billion people constitute a large amount of purchasing power India continues to have the world’s highest concentration of poor people. In particular, India’s economy consist of agriculture, textiles, chemicals, food processing, steel, transport equipment, and software services (Just the facts, 2006). In this paper I will discuss and compare China and India’s economy, political, out shoring, social issues, educational system, government structure, and infrastructure. China’s Economy and the Goods and Services it Provides China’s economy has been changed by continual influences of economic reform. Before 1949, China was a traditional society with a traditional household-based economy. To illustrate, 90 percent of the population living in China lived in rural areas and depended on agriculture. However, “China’s new leaders turned their backs on China’s traditional household-based economy, and set out to develop a massive socialist industrial complex though direct governments control” (Wei & Rowley, 2009).China shaped its economy from socialism for 30 years until it became associated with major shortcomings. As a result, China launched economic reform which transformed China’s economy from a “Soviet-style centrally planned economy to a more market-oriented economy, but still within a rigid political framework of Communist Party control “(Wei & Rowley, 2009). China experienced large amounts of economic growth after the beginning of the reform in 1978, and has progressively continued to expanded overti... ... middle of paper ... ...k: Charles Scribner's Sons. Retrieved from http://0-go.galegroup.com.library.dcccd.edu/ps/i.do?id=GALE%7CCX3403700565&v=2.1&u=txshracd2500&it=r&p=GVRL&sw=w Rothermund, D. (2002). India—Education System. In K. Christensen & D. Levinson (Eds.), Encyclopedia of Modern Asia (Vol. 3, pp. 17-20). New York: Charles Scribner's Sons. Retrieved from http://0-go.galegroup.com.library.dcccd.edu/ps/i.do?id=GALE%7CCX3403701275&v=2.1&u=txshracd2500&it=r&p=GVRL&sw=w Wei, J. Q., & Rowley, C. (2009). China. In C. Wankel (Ed.), Encyclopedia of Business in Today's World (Vol. 1, pp. 268-272). Thousand Oaks, CA: Sage Publications Inc. Retrieved from http://0-go.galegroup.com.library.dcccd.edu/ps/i.do?id=GALE%7CCX3201500172&v=2.1&u=txshracd2500&it=r&p=GVRL&sw=w Xinhuanet.com (2003) Health Sector. Retrieved Online May 4, 2012, 2003 from http://202.84.17.11/english/china_abc/health.htm

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