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never [62]
3 years ago
9

For many years China relied on central planning but is currently moving away from a central market to a free market based econom

y. This would mean that China’s economy is in a state of transition. Please select the best answer from the choices provided
Business
1 answer:
DanielleElmas [232]3 years ago
5 0

The given statement is False.

For many years China relied on central planning but is currently moving away from a central market to a free market based economy. This would mean that China's economy is in a state of Transition. This statement is not necessarily True.

Explanation:

Free market is a market structure in which there is a little or no control of the government on supply and demands of the products or services. The structure of this market depends upon the political or legal rules.

If China moved from the central to the free market, it does not mean that is it in the state of Transition. This is because, it could be the choice of China itself to keep a balance between the command and the free market economies, whatever suit its needs.

Learn more about Transition of Chinese Market at:

brainly.com/question/830955

#LearnWithBrainly

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The correct answer is Cushing's Syndrome.

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Select the items below that describe rational behavior in economics
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Margie is 15 and claimed as a dependent by her parents. she has $800 in dividends income and $1,400 in wages from a part-time jo
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Julie and Barry Spinos purchased a house for $96,400. They made a 25 percent down payment and financed the remaining amount at 5
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Answer: $79.30

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