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stealth61 [152]
3 years ago
10

Which type of economy did China have until the 1970s?

History
2 answers:
makkiz [27]3 years ago
8 0
Which type of economy did China have until the 1970s?
a. market economy

alex41 [277]3 years ago
8 0
China had a market Economy until the 1970s.
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When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.

<h3>What is demand-pull inflation?</h3>

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In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.

Learn more about demand-pull inflation here:

brainly.com/question/22872023

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