China and many of the countries in Central and Eastern Europe are classified as transition economies because
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China and many of the countries in Central and Eastern Europe are classified as "transition economies" because they are in the process of moving from centrally planned, command socialist economic systems toward market capitalist systems. What kinds of changes do you think take place for individuals and policy makers during this process?
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The transition from centrally planned command socialist economic systems to market capitalist systems in countries like China and many in Central and Eastern Europe is a complex and multifaceted proce...View the full answer
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Ankur Gupta
I have a degree in finance from a well-renowned university and I have been working in the financial industry for over 10 years now. I have a lot of experience in financial management, and I have been teaching financial management courses at the university level for the past 5 years. I am extremely passionate about helping students learn and understand financial management, and I firmly believe that I have the necessary skills and knowledge to effectively tutor students in this subject.
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Related Book For 
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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