What was a result of China's "one-child policy"?
A) It increased the need to save.
B) It decreased the need to save.
C) It increased consumption spending.
D) It decreased consumption spending.
E) It increased disposable income.

Question

Quizplus · Accepted Answer

The one-child policy in China led to a decrease in the size of families, and as a result, households had to rely on savings to support their elderly parents. This increased the need to save, which also contributed to China's high savings rate.

What Was a Result of China's "One-Child Policy