Chinese polity advantage
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THE ADVANTAGES ARE:
1. Centralised tight planning: hence no wastage of resources or output.
2.Monopolies in the private domain are absent, the state has a monopoly.
3.Emergency situations can be better managed due to central control on production
1. Centralised tight planning: hence no wastage of resources or output.
2.Monopolies in the private domain are absent, the state has a monopoly.
3.Emergency situations can be better managed due to central control on production
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