What is the basis for the People’s Republic of China’s current economic system?
A. Government ownership of all businesses and economic resources
B. Private ownership of all business enterprises
C. Competition between state-owned enterprises and private business
D. Congressional planning of industrial output and consumption
Answer:C
What is the basis for the People’s Republic of China’s current economic system?
A. Government ownership of all businesses and economic resources B. Private ownership of all business enterprises C. Competition between state-owned enterprises and private business D. Congressional planning of industrial output and consumption