Which statement is true? A. In China today, the private sector produces no more than 10%...
Which statement is true?
A. In China today, the private sector produces no more than 10% of the country's goods and services.
B. Under communism in the Soviet Union, the private sector was almost as large as the government sector.
C. In the American economy today, the public sector is almost as large as the private sector.
D. None of the statements are true
Homework Answers
- Private sector contribution is very high in china. over 80 % of growth is funded through private sector initiatives.
- Under the communism, government sector was predominant, private sector negligible.
- Public sector is very low in American.
Hence right answer: ( D)
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