Which statement is most accurate?

A) By the mid 1980s,over 90 percent of China's agricultural land was farmed by private households.
B) China has virtually no private sector.
C) Although China's agricultural sector is market oriented,its industrial sector still uses the communist model.
D) China's economy is almost entirely privately owneD.

China's Agricultural Land

Refers to the area within China designated for farming activities, playing a critical role in the country's food security and economic development.

Private Sector

The part of an economy that is run by individuals and companies for profit, as opposed to being controlled by the government.

Market Oriented

An economic system or approach that prioritizes supply and demand as the primary forces in the market, promoting free competition among businesses.