22. Which type of economic system is followed in China? (1)(a) Mixed Economy(b) Socialist Economy(c) Capitalist Economy(d) None of these
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22. Which type of economic system is followed in China? (1)(a) Mixed Economy(b) Socialist Economy(c) Capitalist Economy(d) None of these
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Solution 1
The type of economic system followed in China is (a) Mixed Economy.
Here's why:
- China's economic system is a blend of socialism and capitalism. While it is often described as a socialist market economy, it also contains elements of a market economy and a planned economy, which makes it a mixed Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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