In China,the government dealt with fluctuations in the price of grain by

Question

Quizplus · Accepted Answer

The Chinese government dealt with fluctuations in the price of grain by redistributing grain at discounted prices. This was done through a system called the Grain Distribution System, which aimed to stabilize grain prices and ensure that all citizens had access to food at affordable prices. This system was implemented in the 1950s and has been modified over time to address changing economic conditions. Farmers were not given the power to set prices, and the market did not set prices either. Large landowners did not have the authority to set prices at regional meetings.

In China,the Government Dealt with Fluctuations in the Price of Grain