USA HISTORY

THE COLD WAR 1950 1973

THE COLD WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which statement best expresses the change in economic policy between Deng and Mao?
A
A more favorable attitude toward a market economy existed under Deng than under Mao.
B
Deng Xiaoping and Mao Zedong rejected Western capitalism
C
Both Deng and Mao encouraged peaceful protest.
D
Deng wanted greater government control of the economy than Mao did.
Explanation: 

Detailed explanation-1: -Which explains a difference between Deng Xiaoping and Mao Zedong in regards to economic policy? Deng sought to modernize China by introducing capitalism in a limited way, while Mao rejected all capitalist ideas.

Detailed explanation-2: -The reforms carried out by Deng and his allies gradually led China away from a planned economy and Maoist ideologies, opened it up to foreign investments and technology, and introduced its vast labor force to the global market, thus turning China into one of the world’s fastest-growing economies.

Detailed explanation-3: -Deng created a series of Special Economic Zones, including Shenzhen, Zhuhai and Xiamen, for foreign investment that were relatively free of the bureaucratic regulations and interventions that hampered economic growth. These regions became engines of growth for the national economy.

Detailed explanation-4: -Mao believed that the main source of state’s economic development was its agriculture sector, and it was this sector which would eventually bring changes in the lifestyle of the people. Moreover, Mao was of the view that centralized economic system would curb the injudicious distribution of economic resources.

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