Structural Changes in the Economy of the Chinese Mainland, 1933 to 1952-1957
Expert InsightsPublished 1959
Expert InsightsPublished 1959
An economic analysis of the changes in China that occurred from 1933 to 1952 through 1957. During this period the output of producer goods greatly increased. The sacrifice had a telling effect on the incentive for production of other than steel and cement. Lack of progress in agriculture and the other old-fashioned sectors of the economy became a limiting factor to the development of the "modern" sector itself. To solve this problem, stronger compulsion was adopted by the establishment of communes in early 1958.
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