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Zorluk: ZorEconomics in the Global Age

"The Special Economic Zones are a window—a window of technology, of management, of knowledge, and of foreign policy. From the Special Economic Zones, we can import technology, obtain knowledge, and learn how to manage. Management is also a form of knowledge. The Special Economic Zones will become bases for opening our country to the outside world, increasing our knowledge, and training our personnel."
—Deng Xiaoping, "On the Construction of Special Economic Zones," 1984

Deng Xiaoping's policies, as described in the passage, most directly reflect which of the following global economic developments in the late twentieth century?

  1. The spread of free-market economic principles and deregulation within state-controlled economiesCevap
  2. B
    The re-establishment of direct colonial rule by Western powers in East Asia
  3. C
    The adoption of mercantilist trade strategies aimed at accumulating precious metals
  4. D
    The complete homogenization of global culture and elimination of local economic practices

Cevap

The correct answer is the spread of free-market economic principles and deregulation within state-controlled economies. Deng Xiaoping's establishment of Special Economic Zones (SEZs) represented a shift toward integrating market-oriented policies and foreign investment into China's state-managed economy, illustrating the broader late twentieth-century trend of economic liberalization and globalization.
The correct option is correct because the establishment of Special Economic Zones in China under Deng Xiaoping represented a major shift away from a strictly command economy toward market-oriented reforms and integration with the global capitalist economy. This trend of economic liberalization, deregulation, and adopting free-market policies was a defining characteristic of globalization in the late twentieth century.

Adım Adım Çözüm

1
Analyze the stimulus passage written by Deng Xiaoping in 1984.
The passage highlights the creation of Special Economic Zones to import foreign technology, management practices, and knowledge, and to open China to the global economy.
This establishes the historical context of China's transition from a closed command economy toward international trade and market integration.
2
Evaluate the options against late twentieth-century global economic trends.
The late twentieth century saw a widespread shift toward economic liberalization, deregulation, and free-market policies, exemplified by Deng's reforms in China, Reaganism in the United States, and Thatcherism in the United Kingdom.
This links the specific policy of Special Economic Zones to the global learning objective of 'Economics in the Global Age'.
3
Identify the incorrect options by referencing common historical misconceptions.
Mercantilism is an early modern policy; direct colonial rule was declining (decolonization); and globalization did not lead to complete cultural homogenization.
This confirms that the correct option is the only historically accurate and relevant development that answers the prompt.

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Economics in the Global Age
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