Question:
Given below are two statements:
Statement-I: The economic policies implemented by China helped to break the stagnation of its economy.
Statement-II: Economic development of China also increased environmental degradation and corruption.
Given below are two statements:
Statement-I: The economic policies implemented by China helped to break the stagnation of its economy.
Statement-II: Economic development of China also increased environmental degradation and corruption.
Statement-I: The economic policies implemented by China helped to break the stagnation of its economy.
Statement-II: Economic development of China also increased environmental degradation and corruption.
Show Hint
Remember that China's economic rise is a double-edged sword. On one hand, it broke economic isolation and stagnation; on the other, it triggered modern capitalist challenges such as severe pollution, massive income inequality, and corruption.
Updated On: Jul 2, 2026
- Both Statement-I and Statement-II are true.
- Both Statement-I and Statement-II are false.
- Statement-I is true, but Statement-II is false.
- Statement-I is false, but Statement-II is true.
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The Correct Option is A
Solution and Explanation
Step 1: Evaluation of Statement-I:
Historically, under Mao Zedong, China had a state-controlled, closed command economy. Despite some industrial growth, this model led to severe stagnation, with agricultural production barely keeping up with population growth and a complete lack of integration into the global market. In 1978, Premier Deng Xiaoping launched the “Open Door Policy” and radical market reforms, establishing a social market economy. By opening up agricultural privatization (1982) and industrial privatization (1998) step-by-step, China successfully broke the stagnation of its stagnant state-owned economy and achieved dramatic GDP growth. Hence, Statement-I is true.
Step 2: Evaluation of Statement-II:
While the Chinese economic reforms led to unprecedented wealth creation and poverty alleviation, they came with significant negative externalities. Rapid, unregulated industrialization caused widespread environmental degradation (air and water pollution, soil erosion, and ecosystem disruption). Additionally, the transitional phases of privatization and the allocation of state assets gave rise to high levels of corruption among bureaucratic elites and party cadres. Hence, Statement-II is true.
Step 3: Conclusion:
Since both Statement-I and Statement-II are factually and contextually true, Option (A) is the correct choice.
Historically, under Mao Zedong, China had a state-controlled, closed command economy. Despite some industrial growth, this model led to severe stagnation, with agricultural production barely keeping up with population growth and a complete lack of integration into the global market. In 1978, Premier Deng Xiaoping launched the “Open Door Policy” and radical market reforms, establishing a social market economy. By opening up agricultural privatization (1982) and industrial privatization (1998) step-by-step, China successfully broke the stagnation of its stagnant state-owned economy and achieved dramatic GDP growth. Hence, Statement-I is true.
Step 2: Evaluation of Statement-II:
While the Chinese economic reforms led to unprecedented wealth creation and poverty alleviation, they came with significant negative externalities. Rapid, unregulated industrialization caused widespread environmental degradation (air and water pollution, soil erosion, and ecosystem disruption). Additionally, the transitional phases of privatization and the allocation of state assets gave rise to high levels of corruption among bureaucratic elites and party cadres. Hence, Statement-II is true.
Step 3: Conclusion:
Since both Statement-I and Statement-II are factually and contextually true, Option (A) is the correct choice.
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