Week One Discussion Board.docx - China is currently a socialist economic system In view of China's explosive growth in supplying goods to the world do

Week One Discussion Board.docx - China is currently a...

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China is currently a socialist economic system. In view of China's explosive growth in supplying goods to the world, do you see China becoming more of a market economic system? Why/Why not? When it comes to the idea of China changing their economic system from more of a socialist view to that of a market view, I find it very difficult to see that from changing. The reason for this is the fact that there are many factors that are taken into consideration for a country to make a huge change in what they do overall. Currently the country has a heavy hand in supplying the needs of the world to the vast majority while not necessarily looking at the needs of their people. One thing that I find very interesting is that according to an article called Understanding Collectivistic Cultures , China is considered a collectivistic culture, which means that these
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  • Spring '14
  • Euculano,J
  • Communism, Socialism, Market socialism, Planned economy, collectivistic cultures

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