Assertion (A): Since the implementation of the Open Door Policy in 197...
- The Assertion is true, as the Open Door Policy indeed led to increased foreign investments and enhanced production in China.
- The Reason is false because the Open Door Policy was designed to open China to global markets, not to isolate it.
- Therefore, the Reason does not provide a correct explanation for the Assertion, making Option C the correct choice.
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Assertion (A): Since the implementation of the Open Door Policy in 197...
Understanding the Open Door Policy
The Open Door Policy, initiated in China in 1978, was a pivotal moment in the country’s economic history, aimed at integrating China into the global economy.
Assertion (A): True
- The implementation of the Open Door Policy led to a remarkable increase in foreign investments in China.
- It enhanced China's production capabilities, allowing it to become a significant player in global markets.
- This policy encouraged foreign businesses to invest in China, leading to technology transfer and industrial growth.
Reason (R): False
- Contrary to the assertion, the Open Door Policy did not aim to isolate China; instead, it sought to engage with global markets.
- The policy intended to reduce barriers for foreign investment, welcoming international businesses and fostering economic development.
- The assertion that the policy aimed to limit foreign influence is incorrect, as it was designed to embrace foreign investment and collaboration.
Conclusion
- Given that the assertion is true and the reason is false, the correct answer is option 'C'.
- The Open Door Policy was a crucial strategy for China's economic growth, and its objective was to enhance, not limit, foreign involvement in the Chinese economy.