The communist victory in China in 1949 is an example of:
A) micro risk.
B) macro risk.
C) both micro and macro risk.
D) None of these.

Question

Quizplus · Accepted Answer

The communist victory in China in 1949 resulted in a major shift in the country's political and economic system, affecting not just the Chinese people, but also the global balance of power. This represents a macro risk, as it had significant impacts on a larger scale.

The Communist Victory in China in 1949 Is an Example