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After the Communits under Mao took over China in 1949, and defeated Chiang Kai Shek, the Nationalist leader who fled to Taiwan, the Communists began to collectivize the farms and institued sweeping changes. Just like in the Soviet Union in the 1920's under Lenin and Stalin, a command economy took hold. A series of 5 year plans were introduced to control the economy and not allowing private ownership and capitalism to challenge their authority. In the 1960's, Mao unleashed the "Cultural Revolution", that decimated Chinese society and the economy. Millions were imprisoned and executed-especially in the rural areas. Mao acted much the same as Stalin had in the 1930's when he purged the Soviet military and executed millions of farmers. Mao did the same thing! He definitely was paranoid and thought there were enemies all around him. The Command Economy came to an end after Mao died in 1976 and Deng Tso Ping became Premier. He travelled to the United States in 1979 and saw firsthand how capitalism flourished compared to China. Today, China is politcally Communist but is free-market economy with the 2nd largest economy in the world surpassing Japan last year! As long as the people don't demonstrate against the authority of the Communist Party, capitalism is allowed to flourish!
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Is china a market command or mixed economy?
It was a command but now it is slowly moving to be a market.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
Countries command economy?
China, Saudi Arabia, and Vietnam.
What is another name for command economy?
A command economy can be referred to as a:planned economy,centrally planned economy,command and control economyA command economy was used in communist countries. Examples are the former Soviet Union, North Korea, the People's Republic of China, and Cuba.
What happened to China's command economy in early 1980?
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What happened to china's command economy in the early 1980s?
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Is China part of the command economy?
AnswerChina is no longer a command economy in that it has switched to market economic strategies in several of its sectors. Due to this, China is now a mixed economy.However, Saudi Arabia and Vietnam are some examples of a command economy. has also changed back in 2000
What country is a command economy?
The command economy is a key feature of any communist society. China, Cuba, North Korea and the former Soviet Union are examples of countries that have command economies.
Why does Russia have a command economy?
The so called command economy of China is based on the reality that all major economic issues are decided upon by the Communist party leaders of this country.
How does Vietnam demonstrate that it is a command economy?
=Vietnam can be demonstrated as a command economy because it is a dictatorship and almost all of the decisions are made by the government, leaving no choice for individuals rights. In the command economy the government decides what to produce, distribute and consume. The government also decides the price of the product, how to make the product, how to sell the product, and also who to sell it to. Basically in a command economy there is no freedom. China used to have a command economy, but it no longer does not. Saudi Arabia is another example of a command economy too. This is how Vietnam can be demonstrated as a command economy.=
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What type of economy existed under China's communist government during much of the late 20th century?
Command Economy
