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China has experienced rapid economic growth since the late 1970s as a result of?
Shifting from a command economy to a mixed 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 changes led to economic growth in china starting in late 1970s?
Obviously, crude oil, oil, natural gas, manufacturing and exporting.
A period of yours history when there was a growth in the nations wealth?
A notable period of growth in the United States' wealth occurred during the post-World War II era, particularly from the late 1940s to the early 1970s. This time, often referred to as the "Golden Age of Capitalism," saw significant economic expansion driven by industrial growth, increased consumer spending, and the expansion of the middle class. The establishment of the GI Bill also contributed to increased education and home ownership, further fueling economic prosperity. This period was characterized by low unemployment and rising wages, contributing to a substantial increase in the nation's overall wealth.
What factors brought on the country's economic problems in the late 1960s and early 1970s?
In the 1970's the United States of America experienced a severe economic crisis to due the war in Vietnam. The war effort's took a toll on the American economy as a direct result.
Which factor did not contribute to the growth of the South's population during the 1970's?
One factor that did not contribute to the growth of the South's population during the 1970s was economic growth. While economic growth can often attract people to an area and contribute to population growth, the South experienced slower economic growth compared to other regions during this time period. Factors such as increasing job opportunities and favorable business conditions were not as prominent in the South during the 1970s, which limited its population growth.
China has experienced rapid economic growth since the late 1970s as a result of?
Shifting from a command economy to a mixed economy.
Did japan experience outstanding economic growth in the 1970s through the 1980s?
Yes
What was the Brazilian miracle of the 1970s?
The Brazilian Miracle of the 1970s was the name given to the huge economic growth seen in Brazil. This occurred under a military regime.
During the 1970s did France and Britain experience an economic boom?
No, France and Britain did not experience an economic boom. As a matter of fact, during the 1970s Britain experienced severe inflation and worker strikes. By 1972 over a million people were unemployed. It was a time of dismal economic decline. Conditions were much the same in France.
Which factor played a major in China's economic growth since the late 1970s?
shifting from a command economy to a mixed economy
True or false In the 1960s and 1970s France achieved great affluence.?
True. In the 1960s and 1970s, France experienced significant economic growth and affluence, often referred to as the "Trente Glorieuses" (the Glorious Thirty). This period was marked by rapid industrialization, increased productivity, and a rise in the standard of living, supported by strong government policies and investment in infrastructure. However, this growth also led to social changes and challenges that would emerge later.
What changes led to economic growth in china starting in late 1970s?
Obviously, crude oil, oil, natural gas, manufacturing and exporting.
What is east Asian miracle?
The East Asian miracle refers to the rapid economic growth and development experienced by several East Asian countries, including Japan, South Korea, Taiwan, and Singapore, in the latter half of the 20th century. This growth was characterized by high levels of GDP growth, industrialization, export-led growth, and improvements in living standards within a relatively short period of time. Despite differences in approaches and political systems, these countries shared common factors such as a focus on education, investment in infrastructure, export-oriented policies, and strong government intervention in the economy.
Is it true that the US suffered both high unemployment and high inflation in the mid 1970s?
Yes, it is true that the U.S. experienced both high unemployment and high inflation in the mid-1970s, a phenomenon known as stagflation. This period was characterized by rising prices, driven by factors such as oil price shocks and supply chain issues, while economic growth slowed, leading to increased unemployment. The combination of these two economic challenges was unusual and posed significant policy dilemmas for the government and the Federal Reserve.
Which action was taken by Deng Xiaoping to improve the economy of China?
Deng Xiaoping implemented significant economic reforms starting in the late 1970s, transitioning China from a centrally planned economy to a more market-oriented system. He introduced the "Open Door Policy," which encouraged foreign investment and trade, and established Special Economic Zones (SEZs) to foster economic growth. These reforms led to rapid industrialization, increased productivity, and a substantial rise in living standards for many Chinese citizens.
Which of theses does not describe the 1970s?
For A+ the answer is investment rate growth
