Answered: The Chinese government controls all…

The Chinese government controls all factors of production, the Chinese government has which type of economic systems? A) Capitalism B) Socialism C) Market D) Communism

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 27CTQ: Why do you think that most modern countries economies are a mix of command and market types?

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14. The Chinese government controls all factors of production, the Chinese government has which type of economic systems?

A) Capitalism B) Socialism

C) Market

D) Communism

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