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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 Ecuador a market command or mixed economy?
It is a Mixed Economy
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.
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
