Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

Question:

Which is not a part of progress of china ?

Options:

Great leap forward

One child norm

Capitalist economy

Commune system

Correct Answer:

Capitalist economy

Explanation:

The correct answer is option (3) : Capitalist economy

China's economic system is often described as a socialist market economy. It combines elements of central planning with market-oriented reforms. While the government maintains significant control, private enterprise plays a major role in the economy. So, China wouldn't be considered to have a purely capitalist economy.

Here's a breakdown of the other options:

  • Great Leap Forward: This was a campaign launched by Mao Zedong in the late 1950s aimed at rapidly transforming China from an agrarian economy to an industrialized socialist society.

  • One child norm: This refers to the one-child policy implemented in China from 1979 to 2015 to control population growth.

  • Commune system: This was a collective farming system implemented during the early years of Communist rule in China, particularly during the Cultural Revolution era.