China's leaders describe its economic philosophy as ________.
A) capitalism with Chinese characteristics
B) pure market economy
C) theocracy with capital structure
D) socialism with Chinese characteristics

Question

Quizplus · Accepted Answer

China's economic philosophy is often described as socialism with Chinese characteristics, which means that it is a unique blend of socialist ideology and market-oriented reforms. This approach has allowed China to embrace market-based economic practices while remaining true to its socialist roots.

China's Leaders Describe Its Economic Philosophy as ________