Over the last three decades, the Chinese government has adopted a series of market-oriented reforms that have shifted control of many parts of the Chinese economy from government officials to private individuals. These reforms have most likely stimulated China's growth for which of the following reasons?

A. They have decreased domestic competition.
B. They have increased economies of scale.
C. They have provided individuals with a greater incentive to be efficient.
D. They have decreased entrepreneurship.


Answer: C

Economics

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