Written by Daniel Chen
Dear Editor,
If I am to be honest, China has had the best puberty. Compared to other countries, China's economy is r-i-p-p-e-d. I'm talking bulging muscles, six-pack, the whole shebang. China's current economy is doing its people well, and I'm glad to say that I am among those who find it beneficial. Ever since China's economy made the switch from a Command to a Mixed System, my family and I have been seeing drastic improvements in our day-to-day lives. My mother, Hui Yin, always had a passion for baking and often wished to be able to start her own catering business. Well, the passion runs in the family. Because China's economy has economic freedom, I am able to build what my mother could only dream of. Today, if any Chinese citizen dreams of opening his or her own business, he or she is free to do so.
China's changing economy has had a significant impact on my family's total income. Specifically, the fact that government checks are not simply handed to everybody regardless of the difficulty of the job has been beneficial to my hardworking family. Economic equity is not high on the economy's ranking of goals, meaning that the amount of money made by a Chinese citizen correlates to the amount of hard work, dedication and time spent. My aunt used to be a sous chef in a popular Chinese restaurant called the Peking Duck. She often complained about how she was paid the same government check as the dishwasher, which felt degrading on her part. She felt that she deserved a higher pay, seeing as to how she had to work harder. Though she is now in retirement, her daughter has taken her place in the kitchen and is satisfied with the amount of money she makes. When she is being overly productive, she is given a raise by the owner of the restaurant, just as she deserves.
I believe that economic freedom and economic growth are the most important to an economy. Though China's economy may not necessarily put these goals at the very top of its priority list, they would ensure my family's success. If economic growth is placed as the number one priority for an economy, then the economy is bound to bloom. The production of the economy would increase, meaning that the country would grow and make more money each year. The stock market would go up, as well as the GDP. If the economy does well, then the citizens of that country are better off. Economic freedom is another goal that I believe is significant to an economy's well-being. With this, the citizens would be able to choose their career, start a business, decide how to spend their own money, and buy and sell property. This independence from the government and growing production is just what every economy needs.
From,
Potato Chip (薯片)
Daniel Chen is an Asian-American writter who was born in China and moved to the United States when he was three. At 16 years old, he loves to write short nonfiction pieces, usually creative or fun in nature.
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