Mao Zedong started China's transition to a market economy

Name: Mao Zedong started China's transition to a market economy
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Mao Zedong is actually known for leading China's socialist revolution and implementing policies of central planning and state ownership of businesses, which did not support a market economy. It was only after his death and the leadership of Deng Xiaoping that China began transitioning towards a market-oriented economy in the late 1970s.

Mao Zedong Started China's Transition to a Market Economy