Economic Developments under Deng Xiaoping

This policy opened the country to foreign investment and encouraged development of a market economy and private sector.

• Open Door Policy

• Four Modernizations

• 10 Year Plan

• Production Responsibility System

A type of economy that allows for more private ownership

• Command

• Open

• Market

• Liberal

The Production Responsibility System in Agriculture led to......

• A rapid increase in agricultural output

• The production of more diverse crops

• A rapid growth in the rural economy

• All of the above

"Agricultural modernization" in rural China also led to .......(click all that apply)

• Introduction of more effective chemical fertilizers

• Introduction of other modern farming technologies and techniques introduced

• Democracy Wall

• Increased agricultural output

What was the result of industrial modernization?

• Enterprises could keep some of their surplus to use as incentives.

• Price controls (as had been the case under Mao) were removed

• Private Industrial and Commercial Enterprises Permitted:

• All of the above

In 1979, 4 SEZ (Special Economic Zones) opened in the following locations:

• Hefei, Shenzhen, Shantou and Xiamen.

• Zhuhai, Shenzhen, Shantou and Xiamen.

• Shanghai, Xiamen, Shenzhen, and Shantou.

• TsingTao, Shantou, Zhuhai and Xiamen.

List 2 or 3 successes with respect to Deng's economic modernization.

List 4 or 5 political/economic challenges that remained prevalent during Deng's leadership.