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Why do many people in china not have cars?
China is still in a state of transition from a mostly poor, agrarian economy to a modern industrial economy.
What does the economy of China is is in transition mean?
The economy is moving from central planning toward a market-based system.
The economy of china is in transition .what does this mean?
The economy is moving from central planning toward a market-based system.
What does it mean when china is in transition?
The economy is moving from central planning to a market-based system.
What are some examples of transition economy?
A transition economy is one that is changing from central planning to free markets. Some of these are Poland, Hungary, and Bulgaria.
Why is china said to have a transition economy?
Some time ago, the Chinese Communist Party decided that planting seeds of a free market economy would be in the best interests of the entire nation. China has made substantial strides in this area. One prime example is that a stock exchange exists in Shanghai. Despite this trend, the transition to a free market economy cannot advance as long as China has a one party system. Based on the one party system, the so-called transitional economy, is at the mercy of post modern day Marxist-Leninists who may decide to revert back to total central planning.
Does China have an economy?
Yes, China has an economy.
A period of change in an economy is?
transition.
Does China have a market economy?
No, china does not have a market economy!
Who controls china economy?
china can control our economy... i was in china and i was in a security economy control center and i asked a few questions... yes china can control it's economy...
What type of economy was Romania?
Before 1989 Romania has a socialist, planned economy, state economy.
What is ancient china's economy?
ancient china's economy is comunist
