Question

What enabled China to achieve rapid growth and poverty reduction?

पर्याय

• Complete integration into global supply chains

• Elimination of all collective ownership structures

• Rapid industrialization without agricultural focus

• Market system with political commitment, while retaining collective land ownership and investing in social infrastructure

Answer 1

China achieved rapid growth and poverty reduction through a market system with political commitment, while retaining collective land ownership and investing in social infrastructure, demonstrating that hybrid models combining market mechanisms with strategic state intervention can be effective.