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What did Deng Xiaoping not do to begin the transition of China and economy away from central planning and toward a market-based economy?
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What would you see in a economy in transition from central planning to free enterprise?
nutsack
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 central planning needed?
Central planning is needed to mitigate possible negative outcomes when a natural, or man made disaster occur. Central planning makes preparations to provide the basic human needs to the population of a given area.
What are the problems of transition when central planning in an economy is reduced?
usually unemployment increases due to privatisation inflation also increased as a result of remaval of price controls the other problem is social unrest,most people that benefitted from central planning will suffer and so cause strikes and social unrest. the lack of a profit motive in central planned economies mean that most businesses lack entrepreneurship skills so some of these newly established businesses fail.
What is a distinguishing feature of a command system?
central planning
What would you see in a economy in transition from central planning to free enterprise?
nutsack
What does it mean when china is in transition?
The economy is moving from central planning to a market-based system.
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 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.
After Mao's death which person was central in leading economic reforms in China?
Deng Xiaoping
What is the area of Central forest-grasslands transition?
The area of Central forest-grasslands transition is 407,000 square kilometers.
Relevance of central based theory in regional planning?
relevance of central based theory in regional planning
What has the author Leong H Liew written?
Leong H. Liew has written: 'The Chinese economy in transition' -- subject(s): Economic policy, Economic conditions, Central planning, Capitalism 'Corruption as a form of insurance'
What is characterized by more government ownership and central planning?
Socialist economy is characterized by more government ownership and central planning.
Why is central planning needed?
Central planning is needed to mitigate possible negative outcomes when a natural, or man made disaster occur. Central planning makes preparations to provide the basic human needs to the population of a given area.
What are the problems of transition when central planning in an economy is reduced?
usually unemployment increases due to privatisation inflation also increased as a result of remaval of price controls the other problem is social unrest,most people that benefitted from central planning will suffer and so cause strikes and social unrest. the lack of a profit motive in central planned economies mean that most businesses lack entrepreneurship skills so some of these newly established businesses fail.
