Which policy change was partly responsible for economic growth in china starting in the 1970s

Explanation:

Cuando Mao Zedong llegó al poder en 1949, China estaba sumida en la pobreza y devastada por la guerra.

Hoy, cuando se cumplen 70 años del triunfo de los comunistas, el país es radicalmente diferente: es una potencia mundial de primer orden y aspira a convertirse en la primera economía del globo.

Pero su "milagro económico", único en la historia, no se debió al "Gran Timonel", sino a una campaña impulsada por otro líder comunista, Deng Xiaoping.

Se llamó "Reforma y apertura" y logró sacar a 740 millones de personas de la pobreza, según cifras oficiales

Bajo la idea de un "socialismo con características chinas", Deng rompió con lo establecido e impulsó una serie de reformas económicas, centradas en la agricultura, la liberalización del sector privado, la modernización de la industria y la apertura de China al comercio exterior.

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

while it was true that the cotton gin reduced the labor of removing seeds, it did not reduce the need for slaves to grow and pick the cotton.

explanation:

before eli whitney's invention of the cotton gin, picking and cleaning cotton was a slow, labor-intensive job. workers, usually slaves, had to pick the seeds from the cotton fibers by hand. this invention made it possible to grow large amounts of cotton on big farms and make money.