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China - School Essays

China


World War 2 drew a hard blow and left a serious and lasting effect to many Asian countries. This however, did not hamper the growth of as their government were taking serious steps to recover economically. These countries are growing at a tremendous pace to the extent of being capable in emerging as global market leaders.
's capitalism and boom was born when their president, Deng Xiaoping permitted the provinces to dismantle their communes and collective farms. This led to venture into free-market economics. By mid 1960's, the Chinese Revolution settled down to the job of ruling . Its main goal was essentially nationalist: a prosperous modern economy. While there continued to ...

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of productivity compared to the rural workers. The natural consequences was for the city people to arrange themselves an average income level twice as high as that of the people in the countryside.
The most obvious way to attack this poverty problem was to increase production, in all sectors of the economy. Though the easiest way to increase production was to increase capital inputs, could only afford a limited amount of capital construction. In accordance to this, went on a construction binge. Whole factories were purchased from abroad while others were built with local resources. By 1978, the frenzy for new projects reached a level that reminded some people of the Great Leap Forward. In an effort to promote agricultural production, the government released many of the restrictions on the 'spontaneous capitalist tendencies' of the peasantry. In the late 1980's, the government decided to expand the scope of private marketing. Then the next step was to increase the amount ...

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China. (2006, February 21). Retrieved April 17, 2024, from http://www.essayworld.com/essays/China/41622
"China." Essayworld.com. Essayworld.com, 21 Feb. 2006. Web. 17 Apr. 2024. <http://www.essayworld.com/essays/China/41622>
"China." Essayworld.com. February 21, 2006. Accessed April 17, 2024. http://www.essayworld.com/essays/China/41622.
"China." Essayworld.com. February 21, 2006. Accessed April 17, 2024. http://www.essayworld.com/essays/China/41622.
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PAPER DETAILS
Added: 2/21/2006 03:59:29 PM
Category: Geography
Type: Free Paper
Words: 584
Pages: 3

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