Which of the following is most typical of the economic system found in China?
A) private ownership of the means of production
B) a laissez-faire policy
C) centralized decision making
D) the pursuit of individual profit

Question

Quizplus · Accepted Answer

China's economic system is largely controlled by the government through centralized decision making, such as state-owned enterprises and strict regulations on foreign businesses. Private ownership and individual profit are allowed to some extent, but not as typical as in capitalist systems. Laissez-faire policies are not common in China.

Which of the Following Is Most Typical of the Economic