Which of the following policies has China implemented to address inequality? i). Personal Income Tax Reformii). The minimum income guarantee (‘Dibao’) systemiii). Household registration system (‘Hukou’)iv). Pro-farmer policies.v). Special economic zones A.i, ii, ivB.i, iii, ivC.ii, iii, vD.ii, iv, v
Question
Which of the following policies has China implemented to address inequality? i). Personal Income Tax Reformii). The minimum income guarantee (‘Dibao’) systemiii). Household registration system (‘Hukou’)iv). Pro-farmer policies.v). Special economic zones A.i, ii, ivB.i, iii, ivC.ii, iii, vD.ii, iv, v
Solution
The policies that China has implemented to address inequality include:
A. i, ii, iv
i). Personal Income Tax Reform: China has implemented a progressive personal income tax system, where those with higher incomes pay a higher rate of tax. This can help to reduce income inequality by redistributing wealth.
ii). The minimum income guarantee (‘Dibao’) system: This is a social assistance program that provides a safety net for the poorest households.
iv). Pro-farmer policies: These include agricultural subsidies and other support measures aimed at boosting the income of farmers and reducing rural-urban inequality.
The household registration system (‘Hukou’) and special economic zones have been criticized for contributing to inequality in China. The ‘Hukou’ system has been a barrier to rural-urban migration and has contributed to disparities in access to public services, while special economic zones have often led to regional disparities in economic development.
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