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Word Count: 499
China takes 40 of the earths population 1210004956 Chinese people are permitted tochose what they grow on their small plots to set their own prices and to pocket their profits withoutpaying any taxes Free Markets is a big world in China it refers to designated areas in the citywhere farmers are allowed to sell their products directly to city consumers The government is nolonger involved in growing distribution or price setting The system operates on supply and demandChinese people eat dress look better China has the worlds biggest population it has a fasteconomy Dum Champagne is a Chinese millionaire Champagne started his business by 200 USdollars he started a womans clothes shop He bought a used sewing machine Clothes only came incertain colors like blue gray white and green but Champagne changed all this Women liked thecolorful stylish type of clothes he made This great investment took thinking and risk He alsoadded a restaurant he was also afraid he could fail Champagne graduated in the class of 1966which was called the Old Pre Class Through 1966-19968 this young adults and younger childrenwere sent to the other side of the country They were left at the country side with no food Farmers had limited land and they only provided for so many people and if you went there you were onlyadded to their barden Young Chinese worked with peasants The Chinese labor force is estimated at more that 527 million people Unemployment andunderemployment have caused labor productivity and income to de depressed problems direclylinked to the large size and rapid growth rate of the population In the early 1980s about one third ofthe population was 15 years of age or younger this guarantees that a large number of young peoplewill enter the labor force each year Although about 60 percent of the labor force consists ofagricultural workers the governments job allocation program does not include rural areas and herenew labor has to be absorbed by
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