Asked by
Rishabh Bisht
on Nov 05, 2024
Verified
China is politically authoritarian and does not have well-established property rights, characteristics which were once thought to hinder growth.
Politically Authoritarian
A governance system marked by strong central power and limited political freedoms and personal rights.
Property Rights
Legal rights to possess, use, and dispose of assets including real, personal, and intellectual property.
- Appraise the significance of official policies in stimulating economic evolution and amplification.
Verified Answer
KJ
Learning Objectives
- Appraise the significance of official policies in stimulating economic evolution and amplification.
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