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by Eduardo Vazquez1 view·Updated Apr 20, 2020
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  1. Hi, Mr Berg.
  2. So I'm a finally got access to my first trip
  3. computer. Some no longer gonna be running into any excuse
  4. submitting it.
  5. No, If you start off, I'm gonna be talking about
  6. China's history and evolution.
  7. So in 1921 the Chinese Communist Party was established and
  8. dream. This time they wanted they wanted to reach communism
  9. later on in 1949.
  10. The People's Republic.
  11. Uh, what's found it?
  12. And And they searched.
  13. You embrace the Marxists and Lenin style of socialism.
  14. So eso like also during this time, they they abolished
  15. private property.
  16. And a lot of people didn't work as hard because,
  17. um, it kind of unmotivated them to work, and it
  18. led to poverty.
  19. But the real change if the one that we feed
  20. today, that happened in 1978 West Dex, I don't have
  21. pronounce his name.
  22. It's gonna refer to him as the guy.
  23. Anyways, the guy He allowed farmers to sell their own
  24. cross, and he also allowed entrepreneurs she will start their
  25. own business.
  26. So, as you can tell, already, China went from wanting
  27. to be a communist country.
  28. Show a fortune if country into China, smarter and social
  29. lift. Listen, um, if that makes sense, so that's kind
  30. of how we live off.
  31. Train you off.
  32. Drop time.
  33. Sorry about that.
  34. Next is China capitalist, Socialist or both.
  35. Um, I stopped.
  36. It's debatable whether it's a mixed economy or Socialists, but
  37. I think I believe that it's a socialist country, just
  38. like I mentioned earlier it.
  39. It does show private ownership, and but, um, boat private
  40. ownership doesn't mean that makes because if you read it
  41. into, like to one of the article for your find,
  42. it stated.
  43. Other social ethic economy models allow allow individual ownership of
  44. enterprise and pop property a bit with high tax if
  45. and in strict government control.
  46. So it's always it's possible for a socialist country to
  47. allow private, private prop property and enterprise a song to
  48. say have high taxes to redistribute the wealth, and the
  49. government have to have some control bit, which it does.
  50. Because I freaked, got any one of the article.
  51. But as I was reading, it said that although there
  52. are some private companies, the government just own a fair
  53. amount of that company, so it does show some government
  54. control, and I didn't really look into the tax.
  55. This, huh?
  56. It will say another article that stated that 15 the
  57. top 15 wealthy s company family, more revenue were owned
  58. by the government, and it kind of shows up, Although,
  59. like here, you are able to have, Oh, a business
  60. or a company.
  61. You can't really compete with government, enterprise or business or
  62. whatever, because they have, ah, regulations that don't really allow
  63. Cleef benefits.
  64. You grow.
  65. So it just seems more social left to me there
  66. that a mixed economy or a capitalist economy seems more
  67. social life.
  68. Anyways, that's about it.