China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
what was chinas economic policies before the mongols arrived
True
there is no such thing as political economic systems, there are only economic political systems
why dp cultures develop economic systems
Barbara Krug has written: 'Chinas Weg zur Marktwirtschaft' -- subject(s): Capitalism, Economic policy
One way to define economic systems is to classify them according to whether they are market systems or command systems.
prevailing economic systems
Capitalists economic system
Economic systems are needed to help control the power in the people and the government. Thus for different countries with different powers relates to the different types of economic systems.
what three questions must all economic systems answer?
Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.
Feudal economic system