Lee Kuan Yew's growth strategyGroup of answer choiceswas to nurture and develop domestic private enterprisesAll of the other answers are correct.was to build a socialist market economy that inspired Deng's Chinawas to host FDI for capital and TFPwas inspired by Japanese model of industrialization

The Great Leap Forward   Group of answer choiceswas a Soviet style strategy which successfully established heavy industries.was a bold strategy that founded the industrial basis for modern China's growthtransformed China from a backward agrarian economy to a modern economy.None of the others is correct.was Mao’s growth strategy aimed to replicate Japan’s industrialisation process during the Meiji period.

Under Deng Xiaoping, the Chinese Communist Party began pursuing policies designed to:A.increase popular support for the government using gradual democratic reforms.B.rebuild the Chinese economy by ending collectivization and restoring private property.C.identify and punish individuals suspected of disagreeing with Mao Zedong's beliefs.D.modernize China's economy by forcing farmers to take jobs in the manufacturing sector.SUBMITarrow_backPREVIOUS

Directions for questions 6 and 7: The following questions have a paragraph from which the last sentence has been deleted. From the given options, choose the one that completes the paragraph in the most appropriate way.We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced the role of FDI for India: "To set a strong foundation for sustainable growth, we have run the most prudent macro-economic administration in decades, reducing fiscal and current account deficits. We have made India a destination which welcomes capital by liberalising foreign-direct investment policy, increasing the ease of doing business.” Recently, the government further relaxed the FDI policy. ______An FDI mania appears to have gripped our policymakers.However, there are no a priori reasons for favouring foreign investment over domestic investment under normal economic conditions.But foreign investment is an option in the short term.A probable positive consequence of foreign investment is the inflow of new technology and its subsequent diffusion.

Did China benchmark any country in its development processes since 1978? What is unique about China’s development model under Deng Xiaoping? Can Deng’s economic policy be explained by the neoclassical growth model? Show your arguments using the neoclassical (Solow-Swan) growth model.

The Chinese leader that began to move China in the direction of capitalism, during the 1980s, was:Group of answer choicesMao-Tse-TungDeng XiaopingChou En-LaiXi Jinping