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Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.
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∙ 12y ago
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What sentence of word mixed economy?
China is largest economy now. But unlike others it is mixed economy.
Is planned economy the same as mixed economy?
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
Does china have a mixed economy?
Yes, in the sense of a mix of state and private capitalism.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
Is china a market command or mixed economy?
It was a command but now it is slowly moving to be a market.
What sentence of word mixed economy?
China is largest economy now. But unlike others it is mixed economy.
Where is a mixed economy?
Babylonia, China
Do china still used mixed economy system?
yes
Is china a free market economy?
No. it should be under mixed market economy
Why does China have a mixed econamy?
China is no exception. China's traditional planned economy system is limited to state-owned enterprises, which are undergoing reform. ... The coexistence of the planned system and the market system, as well as governmental intervention and regulated policies, constitute China's mixed economy.
Is planned economy the same as mixed economy?
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
Does china have a mixed economy?
Yes, in the sense of a mix of state and private capitalism.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
Is china a market command or mixed economy?
It was a command but now it is slowly moving to be a market.
What communist country abandoned its economic policy and adopted a mixed economy?
China was not Communist (which would mean no classes, no wages system, no state). It was formerly state capitalist, and is now a mix of state and private capitalism.
What drove china to change to a mixed economy?
China understood by experience that entirely depending on domestic market under government control is not suffice to overall development of its economy. So, even being a communist party led government, they moved towards western model of mixed economy where market is the main arbiter.
What is the China's economic system?
China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
