... being invested in the privately run town or village enterprises for light manufacturing. Young workers were now offered a contract system of employment instead of the previous lifetime assignment to a production unit. Permission to start small businesses such as restaurants and shops were now given to families and individuals. The government introduced a phased program of removing price subsidies on consumer good, ... nearly every household now owns a television. Living space has grown dramatically in both urban and rural areas, with urban soaring from 3.6 square metres before globalisat...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate