Both China and the nations that formerly made up the Soviet Union are currently moving toward centrally planned economies.

Question

Quizplus · Accepted Answer

This statement is not accurate. China has shifted away from a centrally planned economy towards a more market-based one, although it still maintains elements of state control. The nations that formerly made up the Soviet Union, on the other hand, have mostly moved towards market-based economies since the collapse of the Soviet Union.

Both China and the Nations That Formerly Made Up the Soviet