Vietnam's Socialist Market Economy Quiz

When did Vietnam shift to a socialist market economy?

• 2000

• 1990

• 1986

• 1975

In a classroom discussion, Kai asked, "What is the primary basis for agriculture in Vietnam's socialist market economy?"

• Foreign investment

• Land-use rights accorded to peasant families

• Private land ownership

• State-owned farms

Luna is studying the economic history of Vietnam. She found that in 1990, what percentage of the Vietnamese population lived in poverty?

• 70%

• 90%

• 50%

• 32%

By what year did Elijah aim to reduce the population living below the food-poverty line to 4%?

• 2000

• 2010

• 2015

• 2005

Mason is conducting a research project on education in Southeast Asia. He wants to know what is the literacy rate for adults aged 15-35 in Vietnam?

• 99%

• 96%

• 90%

• 85%

What is the annual growth rate of Vietnam's GDP mentioned in the text?

• 10%

• 12%

• 5%

• 7%

What is the goal for secondary school education by 2010 in Vietnam?

• To provide education only in urban areas

• To provide free education

• To provide all children with secondary school education

• To privatize secondary education

During a class discussion, Ethan mentioned that one of the negative effects of the shift to a market economy in Vietnam is:

• Widening income gaps

• Decreased foreign investment

• Improved healthcare

• Increased literacy rates

Grace is studying the economic structure of Vietnam for her international business class. She wants to know what sector consists of foreign and domestic privately owned enterprises in Vietnam?

• Capitalist sector

• Agricultural sector

• Socialist sector

• Industrial sector

In a classroom discussion, Mia asked, "What is the main goal of the Communist Party of Vietnam in the context of the socialist market economy?"

• To eliminate exploitation of labor

• To maximize profits

• To increase foreign investments

• To privatize state-owned enterprises