Question:

Read the following statements carefully: 
Statement 1: China has used the market mechanism to create additional social and economic opportunities for its citizens.
Statement 2: In China, Social Infrastructure created by the government brought positive results in human development indicators.
In the light of the given statements, choose the correct alternative from the following:

Show Hint

A balanced mix of market reforms and state-led social infrastructure development contributes significantly to economic progress.
  • Statement 1 is true and Statement 2 is false.
  • Statement 1 is false and Statement 2 is true.
  • Both Statement 1 and 2 are true.
  • Both Statement 1 and 2 are false.
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is C

Solution and Explanation

Both statements are true: Statement 1: China has effectively used market mechanisms alongside state policies to promote social and economic development. Statement 2: Government initiatives in building social infrastructure like health and education have positively impacted human development indicators such as life expectancy, literacy rates, and overall quality of life.
Was this answer helpful?
0
0

Top Questions on Indian Economy

View More Questions

Questions Asked in CBSE CLASS XII exam

View More Questions