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Since 1990, China has averaged breakneck GDP growth of just over 9 percent per year, at times peaking at over 14 percent. During that same
Since 1990, China has averaged breakneck GDP growth of just over 9 percent per year, at times peaking at over 14 percent. During that same period, the US averaged less than 3 percent of GDP growth. Economists predict that China's GDP will exceed that of the US by 2035. Do you think that the era of the Free Market (vs. Command) economy is over? Explain
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