Mongolia and Taiwan Peyton, Christian, Melissa

Mongolian Culture and Daily Life:

Tribes: don't live in towns. Mongols were nomads. Travel in small groups composed of only two or three families. Use camels, oxen, and carts to travel. Homes are Called yurts.

Taiwan Culture and Daily Life:

Many believe in Confucianism, and follow its teaching. However, since industrialization women have greater freedom and a higher social status.

Their education usually consists of 6 years of elementary education, 3 years of junior high, and then either 3 years of senior vocational schools or senior high schools.

Mongolia economy:

Population:

2.9 million

GDP (PPP):

$34.8 billion

7.8% growth

14.0% 5-year compound annual growth

$11,882 per capita

Unemployment:

4.8%

Inflation (CPI):

12.9%

FDI Inflow:

$507.6 million

Taiwan economy:

Population:

23.4 million

GDP (PPP):

$1.1 trillion

3.7% growth

4.5% 5-year compound annual growth

$45,854 per capita

Unemployment:

4.0%

Inflation (CPI):

1.2%

FDI Inflow:

$2.8 billion

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