Reading and Writing
May 20, 2012
The United States of The Gilded Age and China after The Opening Up Policy
There may be some great changes after some reforms in countries. When mention about this, the United States of the Gilded Age and China after the Opening Up policy may have some similarities and differences.
The Gilded Age is a key period in America’s rising up in the world, while since
the Opening Up policy started in 1978, China is rising up peacefully in the world, which has become an inevitable tendency. During the America’s Gilded Age, the
American economy in the areas of transportation, manufacturing and technology grew rapidly during this period. Many industrialists were becoming wealthy while factory workers struggled to make ends meet and saw for better working conditions but the government still supported the industrialists. The same as the America’s Gilded Age,
the China’s Opening Up policy also helped China gain great progress in economy. It brought a lot of changes in agriculture field and foreign trade and made the economy grow more rapidly and more market-based. But as the result of the economic
progress, the gap between rich and poor has been widened.
There’s no doubt that there are some similarities between the United States of the Gilded Age and China after the Opening Up policy, there are also some difference between them. America’s economy was market-based before the Gilded Age, and it still continued after this period. Different from America, China persisted in a planned economy before the Opening Up policy. However, after the Opening Up policy, China had been led to a more market-based economy.
Although the America’s Gilded Age and the China’s Opening Up policy made
some same effects on both two countries, it did had some differences between the United States of the Gilded Age and China after the Opening Up policy.