Which of the following may NOT be the reason why after 1949 China decided to adopt the system that industrial inputs and output were allocated administratively by a government:Single choice

Question Image
A

a. China adopted the economic system of the Soviet Union, which was seen as being successful at achieving a relatively high rate of economic growth and a modernizing economy.

B

b. In the ruling Chinese Communist Party’s ideology, markets were irrational; and markets in the 1940s were seen as associated with capitalism, imperialism, and colonialism.

C

c. The economic growth model used by the Soviet and China in the 1950s assumed that international trade would play only a very minor role in their economies, thus a country must produce all of the goods that it needs or wants.

D

d. Social stability after World War II and the Civil War had provided China with sufficient industrial production capacity.

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