Chinas economy is known as a what economy?

Answer:
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
First answer by Dark Lord Birdman. Last edit by Dark Lord Birdman. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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