Asked by
Brandon Predmore
on Oct 13, 2024
Verified
Statement I: China's southern provinces have become "export platforms",sending out streams of consumer goods to Japan,Europe,and North America.
Statement II: China has become a wealthy nation as a result of getting rid of its communist economic system.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
China's Southern Provinces
Regions located in the southern part of China, known for their dynamic economies, coastal cities, and significant role in China's economic development.
Export Platforms
Industrial zones or areas within a country designed primarily for the manufacturing of goods to be exported, emphasizing the country's role in global trade.
Communist Economic System
An economic system where all property is publicly owned and each person works and is paid according to their abilities and needs.
- Familiarize oneself with the history of economic policy changes and their effect on countries such as China and the former Soviet Union.
- Identify statements about economic systems and evaluate their accuracy.
Verified Answer
KC
Learning Objectives
- Familiarize oneself with the history of economic policy changes and their effect on countries such as China and the former Soviet Union.
- Identify statements about economic systems and evaluate their accuracy.