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Under ______ in China, farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased - Economics

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Question

Under ______ in China, farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased and sold at market prices.

Options

  • Commune System

  • Great Leap Forward

  • Dual Pricing

  • Great Proletarian Cultural Revolution

MCQ
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Solution

Under dual pricing in China, farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased and sold at market prices.

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2023-2024 (March) Board Sample Paper

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