Which statement best explains China's economic shift towards capitalism in the 1980s and early 1990s ?
Correct answer: D. communist economic policies were not meeting the needs of the society
- A. China's economic policies were directly influenced by the success of the Soviet economic System
- B. The Tiananmen Square massacre resulted in Major economic reforms in China
- C. The success of the Cultural Revolution resulted in the increased westernization of china
- D. communist economic policies were not meeting the needs of the society
Explanation
China moved toward market-oriented reforms because rigid communist economic policies were failing to meet society's needs and were limiting productivity. Reforms under Deng Xiaoping introduced incentives, private enterprise, and greater openness to trade and investment.
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