Question

How does China's economic boom negatively impact society?

Answer 1

China's economic boom negatively impact society by growing economic inequality.

Answer: Option B

Explanation:

Economic growth of a country is an important criterion for measuring a progress and prosperity of a nation. But GDP alone can’t show the true picture of country’s success. Many times a country’s GDP may go up but the people in the country may not be enjoying the fruits of the growth.  

Fast economic growth in China shows a similar picture as with sudden economic boom the inequality in the country has also increased. As according to the official data the Ginni coefficient in china was 0.474 in 2012.