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China's economy is divided into several key sectors: the primary sector, which includes agriculture and mining; the secondary sector, encompassing manufacturing and construction; and the tertiary sector, which covers services such as retail, finance, and tourism. The economy has shifted significantly towards the secondary and tertiary sectors over the past few decades, reflecting rapid industrialization and urbanization. Additionally, there are regional disparities, with coastal provinces experiencing more economic development compared to inland areas. Overall, this division showcases China's transition from a primarily agrarian society to a more diverse and industrialized economy.
What else can I help you with?
Is chinas economy good?
No it is not.
What is the US economy like?
The United States economy is the largest national economy in the world. It is the 11th largest.
Name the economist who has divided the economy into three categories.?
The economist who divided the economy into three categories is Adam Smith. He categorized the economy into primary (agriculture), secondary (manufacturing), and tertiary (services) sectors. This classification helps in understanding the different roles these sectors play in economic development and productivity. Smith's work laid the groundwork for modern economic theory and analysis.
What is the The indicator that sHow is how a country's economy is divided between primary secondary and tertiary businesses is called?
Economic structure
Why is it important to understand a country's business subculture?
Business cultures are divided into subcultures which are the power, achievement, support and role which run a country's economy.
Is chinas economy good?
No it is not.
Who attempted to modernize chinas economy?
Mao Zedong
Chinas fastest growing economy is facing a major challenge of?
Challenges Of WTO regime
Chinas economy is known as a what economy?
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
What is the US economy like?
The United States economy is the largest national economy in the world. It is the 11th largest.
What was Richard Nixon the first president to do?
Use communist Chinas official name in public
Chinas capital city?
Beijing
What are Chinas conflicts?
Disputes in the ROC.
What is chinas key religion?
Confucianism.
What is Chinas biggest state?
Xinjiang
What is Chinas continent?
Asia
What percentage of the world is Chinas population?
19.33%
