asked 174k views
0 votes
How does China's economic boom negatively impact society?

a) too many goods to export

b) growing economic inequality

c) an overpopulated labor force

d) increasing religious suppression

1 Answer

2 votes

China's economic boom negatively impact society by growing economic inequality.

Answer: Option B

Step-by-step explanation:

Economic growth of a country is an important criterion for measuring a progress and prosperity of a nation. But GDP alone can’t show the true picture of country’s success. Many times a country’s GDP may go up but the people in the country may not be enjoying the fruits of the growth.

Fast economic growth in China shows a similar picture as with sudden economic boom the inequality in the country has also increased. As according to the official data the Ginni coefficient in china was 0.474 in 2012.

answered
User Fred Schoen
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.