China’s strategy for modernization and economic development closely resembled that of the Soviet Union's developmental strategy in the 1950s.
<h3>What is
China’s strategy for economic development in 1950s?</h3>
In the early 1950s, China applies some strategic measures to reform the modernization and its economic development. These are:
- New macroeconomic policy reactions" to help regulate near-term growth,
- Modification of the economic growth trend" to boost consumption even more,
- Improved competition to enable the economy to play the primary role and encourage private sector participation,
- Rapid urbanization to facilitate growth and employment, and
- Fiscal and monetary sector reform.
These reforms were emphasized to be in correlation with the Soviet-style development strategy.
Learn more about China's economic development here:
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The first immigrants came to America looking for gold and for a new passage to the West Indies. The natives were seen as problem and were dealt with very harshly by the first immigrants, the Spaniards.
the answers are A. and D.
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