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38. All of the following are associated with moving from a centrally planned economy to market economy EXCEPT Short Answer: Reading Graphs (1 point each)

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38. All of the following are associated with moving from a centrally planned economy to market economy EXCEPT Short Answer: Reading Graphs (1 point each) a. A rise in unemployment. Using the graphs, answer questions 41-45 in the space provided. b. The protection of individual property rights. c. An increase in competition for high paying jobs. Figure 17.5 Major Imports and Exports of the United States Imports d. An increase in the role the government plays in the day-to-day operation of business Vehicles: cars and trucks 39. Economic problems in China were caused by all of the following EXCEPT Crude oil and petroleum preparations Electrical machinery a. The Cultural Revolution of the 1960's. Data-processing equipment b. Overproduction of unneeded consumer goods. Clothing Industrial machinery c. Lack of incentives for workers to work hard. Telecommunications equipment d. An overemphasis on the development of heavy industry. Vehicles: parts Power-generating machinery 40. All of the following are accurate statements about the special economic zones Chemicals established in China EXCEPT 10 20 30 40 50 60 70 a. Business owners are permitted to make many of their own decisions. Dollars per year (in billions) 80 b. Foreign companies are excluded from investing in these zones. Exports Chemicals C. The zones established in coastal cities have been especially successful. Industrial machinery Electrical machinery d. The success of the zones has contributed to a shift in the distribution of Data-processing the population. equipment Airplanes and parts Vehicles: parts Power-generating machinery Vehicles: cars and trucks Scientific instruments Telecommunications equipment 20 30 40 50 60 70 80 Dollars per year (in billions) Source. Statistical Abstract of the United States 41. According to the above graphs, what product is imported most by the United States? 42. According to the above graphs, what product is the largest export of the United States? 43. According to the above graphs, name one of the products that the United States imports that it does not export

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