The Person Responsible for Beginning to Privatize China's Economy Since

question 226

Multiple Choice

The person responsible for beginning to privatize China's economy since the mid-1970s is

• A)Deng Xiaoping.
• B)Mao Tse-tung.
• C)Sun Yat-sen.
• D)Chiang Kai-shek.

---

Definitions:

Chattel Mortgage

A loan arrangement where personal movable property is used as security for a debt, but the borrower retains possession of the property.

Debtor

An individual, company, or other entity that owes money or other forms of financial obligation to a creditor.

Creditor

A person or organization that is due payment from a borrower.

Conditional Sale Agreement

A conditional sale agreement is a contract in which the sale of a good or property is contingent upon certain conditions being met, often related to the buyer making payments over time.