China's steps to modify its centrally planned economy includes reversing the market regulations. They also encouraged literacy in the economy markets which worked to their advantage.
No it is not.
The United States economy is the largest national economy in the world. It is the 11th largest.
Somehow we just managed to develop a few hundred years earlier than many other countries. We used to have a big empire and we have a steady climate, so we were able to develop socially, politically, scientifically etc. my mum said it is a nany basher also chinas children live in the batcave
Over three hundred Million people in China alone live on $2.50 per day. This is considered a very low amount of money and it is very hard to get by on such a wage. but there are 1.3 Billion people in China so this represents about 3 out of 13 people in china that are in poverty. this figure was much higher in the year 1900 butsince then people in China have been growing rich. but it will take much more growth in china for it to be the most rich. even though China has the largest economy in Overall GDP just ahead of the USA. in terms of Per-capital GDP china is very poor. even if China only had 20,000 dollars per capital then Chinas GDP would be 26 trillion dollars. but this still would be far below the 40,000 per capital in the United states. so even with a economy of 26 trillion dollars a few decades from now there would still be many hypothetical people in this china that would be poor. but living on 2.50 a day would be abolished and a thing of the past by the year 2040.
No it is not.
Mao Zedong
Challenges Of WTO regime
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
The United States economy is the largest national economy in the world. It is the 11th largest.
Use communist Chinas official name in public
Beijing
Confucianism.
Xinjiang
Disputes in the ROC.
Asia
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