The Term Socialist Market Economy Refers to the

The term socialist market economy refers to the

A) mixture of state control and capitalism that is being used to promote economic development in China.
B) collectivization of the rural market economy during the Maoist era.
C) development of a stock market in China since the 1980s.
D) fact that free-market forces prevail in the industrial sectors of the Chinese economy while the agricultural sector is still operated collectively.
E) gradual privatization of state-owned enterprises in China.