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Household responsibility system

practice in China, first adopted in agriculture in 1979 and officially established in 1982, by which households are held responsible for the profits and losses of an enterprise

Pronunciation
/ˈhaʊshəʊld rɪˌspɒnsɪˈbɪlɪti ˈsɪstəm/
/ˈhaʊsˌhoʊld rəˌspɑnsəˈbɪlədi ˈsɪstəm/
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