In the 1990s

question 42

Multiple Choice

In the 1990s

• A) the Chinese Communist Party has worked to conciliate the rural population by increasing the political democracy in urban areas.
• B) rural conditions are more problematic, as most peasants have only superficially benefited from the post-Mao reforms, and corruption continues unchecked.
• C) the Party is apparently experimenting with Confucianism and jingoistic nationalism to unite the society, and thus limiting individualism and economic expectations.
• D) China's economy suffered a devastating depression.
• E) China prohibited any further foreign investment.

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Definitions:

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales by calculating the percentage of revenue that exceeds the cost of goods sold.

Net Income

The net income of a company, which is the remaining amount after deducting all costs and taxes from the total revenue.

Sales

The revenue a company earns from selling goods or services in its normal operations.

Operating Expenses

Costs associated with running a business's core operations on a daily basis, excluding costs of goods sold.