Question
Study the cartoon given below carefully and answer the following questions:
  1. Which country does this cartoon refer to?
  2. Evaluate any two changes in the economic policies of this country from ‘then’ to ‘now’.
  3. Assess any two outcomes of the latest changes that took place in this country.

Answer

  1. China.
  2.  
  • Earlier, it had a closed economy, but now it has an open economy.
  • It has established trade links with the west after 1970s.
  1.  
  • It led to the rise of China as an economic power.
  • It was able to make big investments in other countries.

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