| Question | Discuss the concept of Dual Pricing in the reform process of China. |
| Chapter | Comparative Development Experiences of India and its Neighbours |
| Class | Class 12 |
| Subject | Economics (Indian Economic Development) |
| Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Question – Discuss the concept of Dual Pricing in the reform process of China.
Answer-
In dual pricing the China fixed the price in two ways farmers and industrial units what required to buy and sell quantities second off inputs and output on the basis of price fixed by the government and the rest were purchased and sold at market price. This policy helped in increasing the production in China.
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