Double-Track Pricing

Key term for OCR GCSE History A, used in China 1950–1981.

Definition

An economic system where state-planned prices for mandatory quotas exist alongside higher, market-driven prices for surplus goods.

Exam Context

Double-Track Pricing appears in OCR GCSE History A revision content for Non-British Depth Studies, especially China 1950–1981 and Communism After Mao 1976–1981.

Non-British Depth Studies China 1950–1981 Communism After Mao 1976–1981

Found in Revision Notes

Non-British Depth Studies

Economic Reform and the Four Modernisations

China 1950–1981 • Communism After Mao 1976–1981

Revise note

Related Key Terms

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Four Modernisations

Gaokao

Household Responsibility System (HRS)

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