Wednesday, November 28, 2012

economy(:

Today in class we continued to watch the movie we started in class yesterday about our economy. Here are some of the notes i took today:

1. Chongqing is the #1 city in China that a lot of United States people don't know about, but they have a larger population compared to most Chinese cities.

2. China is slowly taking more and more of our jobs away from us
 
3. They have Walmart and other United States companies in China. :)

4. Kids get trained in things like technology and English at early ages to become successful.

5. China does not provide workers with a minimum wage like in the United States. 

6. Government officials make a family pay a lot of money to have more then one kid due to the large population. 

7. Poor people are China's strengths and weaknesses.

8. Many Chinese work on some type of assembly line simply because they get paid a little bit more money. If they don't like this as their job there are 1,000's of other people who would happily take the job.

9. At the end of the year they hope to have enough money to afford a pig so they can either beef it up to slaughter it or they can sell it for more money at a market. 

10. Men make more then women. Men usually get $3-4 a day. A women usually makes $1-2 per day.
 
11. China does not have child labor laws like the United States enforces among all people. 

12. There were parents in the video who's combined annual salary per year was $600. Half of that income went toward private education for their child. 

13. Jobs in the United States are going to people in China quickly, leaving more and more people in the states looking for a new job to help support families. 


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