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China is generally considered a mixed economy, combining elements of both command and market systems. While the government maintains significant control over key industries and sectors, there has been a shift towards market-oriented reforms since the late 1970s. This has allowed for private ownership and foreign investment, contributing to rapid economic growth. However, the state continues to play a crucial role in regulating and guiding the economy.
What else can I help you with?
Is china a market command or mixed economy?
It was a command but now it is slowly moving to be a market.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What country has a mixed command economy?
Mongolia has a mixed government
Is China part of the command economy?
AnswerChina is no longer a command economy in that it has switched to market economic strategies in several of its sectors. Due to this, China is now a mixed economy.However, Saudi Arabia and Vietnam are some examples of a command economy. has also changed back in 2000
What describes China's economic system?
mixed/command
Is china a market command or mixed economy?
It was a command but now it is slowly moving to be a market.
What BEST describes china's economic system?
mixed/command
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
What country has a mixed command economy?
Mongolia has a mixed government
Is Israel a traditional market command or mixed economy?
Mixed economy because it is only command on the farming.
Is China part of the command economy?
AnswerChina is no longer a command economy in that it has switched to market economic strategies in several of its sectors. Due to this, China is now a mixed economy.However, Saudi Arabia and Vietnam are some examples of a command economy. has also changed back in 2000
Did china change from a command economy to mixed?
I think it is now, allowing companies to keep profits to an extent that they didn't allow before and so forth.
Is Ecuador a market command or mixed economy?
It is a Mixed Economy
What do you call an economy that is both partly command and market?
When an economy is partly command and partly market, is called a mixed economy.
Is Kuwait a traditional market command or mixed economy?
I believe its a Mixed
