Deng Xiaoping's Open Door Policy was highly effective in driving China's economic growth, as it led to significant increases in export volume and a notable decrease in state control over industrial production, fostering a more capitalist economic environment. This transformation contributed to rising per capita income and a substantial drop in unemployment, illustrating the policy's success in integrating China into the global economy and enhancing overall economic performance.
Use the table to answer the question. Five Important Facts About the Open Door Policy Fact 1 Between 1978 and 1989, the increase in China’s export volume moved it from thirty-second to thirteenth in the world. Fact 2 From 1980 to 1998, China’s per capita income increased by 14 percent. Fact 3 China kept its one-party communist government but allowed its economy to be more capitalist. Fact 4 In 1965, the Chinese government controlled over 90 percent of industrial production. In 1999, it was down to 25 percent. Fact 5 China’s unemployment rate went from 5.6 percent in 1978 to 2 percent in 1988. In 1–2 sentences, evaluate the effectiveness of Deng Xiaoping’s Open Door policy. How did the policy contribute to China’s economic growth? (2 points)
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