18:Posttest 18 Economic Development and Transition
1. China's steps to modify its centrally planned economy included
O special economic zones to encourage foreign investment
O an increase in the military budget
O an emphasis on subsistence agriculture
O a loosening of political controls

These zones had more favorable conditions for foreign investment. The first of these zones was located in the province of Guangdong: the city of Shenzhen, which is a economic success story to this day.

a loosening of political controls

A few political controls over investment and trade were removed, this in order to increase economic activity. Some public enterprises were also privatized.

18:Posttest 18 Economic Development and Transition 1. China's steps to modify its centrally planned economy included O special economic zones to encourage foreign investment O an increase in the military budget O an emphasis on subsistence agriculture O a loosening of political controls

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18:Posttest 18 Economic Development and Transition
1. China's steps to modify its centrally planned economy included
O special economic zones to encourage foreign investment
O an increase in the military budget
O an emphasis on subsistence agriculture
O a loosening of political controls