Question

What were some of the Deng Xiaopings's economic reforms?

Answer 1

After Deng Xiaoping implemented the household responsibility system, agricultural output increased by 8.2% a year, compared with 2.7% in the pre-reform period, despite a decrease in the area of land used. Food prices fell nearly 50%, while agricultural incomes rose.

Answer 2

He was open to utilizing capitalist concepts in order to aid the economy.

Step-by-step explanation:

He adopted the Four Modernizations (agricultural, industry, defense, and science and technology) as a set of priorities. Deng abolished Mao's communes and leased land to private farmers.