1. What is an economic system? What are the basic problems of an economic system?
2. What are the features of a mixed economic system?
3. Explain the role of government in solving problems that arise from different economic systems.
4. Define privatization and trace the history of privatization.
5. Explain the different routes of privatization.
6. Give your arguments for and against privatization.
7. Why is China’s privatization different?
8. Bring out the nature and causes for globalization of business.
9. Explain the stages involved in the economic transition of globalization.
10. Evaluate the impact of globalization on China’s economy.
