Economy of China, China between the fall of the KMT and Mao Tse-Tung's death
Title: Economy of China, China between the fall of the KMT and Mao Tse-Tung's death
Category: /Business & Economy/Economics
Details: Words: 348 | Pages: 1 (approximately 235 words/page)
Economy of China, China between the fall of the KMT and Mao Tse-Tung's death
Category: /Business & Economy/Economics
Details: Words: 348 | Pages: 1 (approximately 235 words/page)
The time from 1949-1976 was a time of transition for China. Many social and
economic changes occurred through this period. When the Kuomintang government
collapsed and Mao Tse-Tung assumed control, this marked the beginning of massive
reformation for what would become the People's Republic.
With Mao Tse-Tung's rule came governmental reform which led to social
betterment. His first years of rule included careful development and reorganization
backed by Soviet support. The landlord class was wiped
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acts. When stability was restored,
foreign relations was vastly improved. The People's Republic of China was admitted into
the United Nations in 1971.
The time period between the fall of the KMT and Mao Tse-Tung's death was an
era of revolutionary transition into a nation for the people. At one point nearly leading
into a civil war. The key developments that occurred during this span were greatly
significant in shaping China into what it is today.