1 / 10

The S ocialist Era (1949-1978 )

The S ocialist Era (1949-1978 ). Mapping Business Opportunities in China. Capitalism and Socialism Crash Course World History #33 Video 1 4 min. The main focus of socialist government. BIG PUSH development : All investment into rapid industrialization (factories)

jam
Télécharger la présentation

The S ocialist Era (1949-1978 )

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The SocialistEra (1949-1978) MappingBusiness Opportunities in China

  2. Capitalism and Socialism Crash Course World History #33Video 14min

  3. Themainfocusofsocialistgovernment • BIG PUSH development: • All investment into rapid industrialization (factories) • High level of GDP generated from investment (GLF44%) • Focus on the industries up-stream of the value Change (x to Taiwan, Hong kong – downstream) • At the beginning the Big Push seemed to be working

  4. DifferencesbetweenChinese and Sovietsocialism • Planningless thorough (600 commodities vs.60 000 commodities). X • BUT political control much tighter.

  5. How did China manage to channel resources to where it waned ? • Command economy! • Howdo you get money from people and spend it on building factories?

  6. Phasesofsocialisteconomicrevolution • Economic recovery (1949-1952) • First Five-Year Plan (1953-1956) • Hundred Flowers (1956-1957) • Great Leap Forward (1958-1960) • Readjustment (1961-1963) • New expansion (1964-1966) • Cultural Revolution (1967-1969) • A new leap (1970) • Consolidation (1972-1976) • The leap Outward 1978 • 1978 an onwards – return of Deng Xiaoping and opening up

  7. Letsseethe video! Investment levels

  8. Socialist period in short • System that maximized flow of resources into industrialization and ignoredcompetitiveadvantageofChina (Whatisthat?) • But every time the system began to accelerate, it ran into fundamental problems.Whatproblems? • Results? • CCP lost fait in Soviet model of communism (experimenting with market) • Since Mao was already dad, the failures could have been blamed on him and Gang of four

  9. Good things about socialist era? • High investment in basic human capitals (good healthcare, education).

More Related