The main theory or reason that I tend to consider myself attached to or associated with is that of the "modified" hypothesis presented by Justin Yifu Lin in his article titled "The Needham Puzzle: Why the Industrial Revolution Did Not Originate in China". ... He explains that economic and industrial growth is dependent on technological innovation which is in turn dependent on experimental science. ... Lin attributes China's fall as an innovative inventor to not experiencing a scientific revolution such as one that took place in Europe. ... These characteristics that arose from a scient...

• Word Count: 677
• Approx Pages: 3
• Grade Level: Undergraduate

In 1978, under the guidance of Deng Xiaoping China embarked on an economic revolution. The excesses of the Cultural Revolution, the loss of a generation of intellectuals and the neglect of the economy in a bid to return to "pure socialism- through "ideological remolding- and "thought reform- left China's economy in ruins. Deng's main priority was to therefore reverse the effects of the Cultural Revolution , with emphasis on the economic sector even abandoning the centralized system in an attempt for immediate revival of the economy based on his "New Economic Policy- of the sixties. ...

• Word Count: 888
• Approx Pages: 4
• Grade Level: Undergraduate

However, Mao knew the Soviet model for industrial development would be ineffective due to China's high ratio of workers to resources meaning many workers would become inefficient. ... Stalin also maintained his power throughout all of his economic policies, unlike Mao, who after the Great Leap Forward re-established himself through the Cultural Revolution. ... Stalin and Mao's economic policies were motivated by a need to increase the industrial workforce in order to create a powerful economy. ... The social revolution portrayed by the Culture Revolution and the necessity to get rid...

• Word Count: 1642
• Approx Pages: 7
• Grade Level: Undergraduate

The role of the state in Japan's economic development and the role of the state in China's economic development during the late nineteenth and early twentieth centuries were similar due to them both being politically isolated until 1860 which led to them economically lagging behind the west, differe...

• Word Count: 608
• Approx Pages: 2
• Grade Level: Undergraduate

Popov, 2007) argue that the transformation of these two countries was caused by the adverse supply shock that resulted from deregulation of prices and change in relative price ratios that created the need for reallocation of resources in order to correct the industrial structure inherited from centrally planned economy. The end of Cultural Revolution in China in 1976 revived the two competing forces of institutional centralization and accelerated growth, which in contrast requires decentralization (Riskin, 1987). ... China was impoverished by the Cultural Revolution, while the Vietnamese econo...

• Word Count: 2154
• Approx Pages: 9
• Grade Level: Undergraduate

With $78 trillion in total GDP, the global economy is far beyond vast. Since the agricultural and industrial revolutions of the 18th and 19th centuries, the global population has soared to currently approximately 7.4 billion people. The population of "the West," which includes Western Europe, North ...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate

The effects of climate change are the ecological and anthropogenic changes that occur to increase the rise in global temperatures. There are scientific resources (decreased snowcaps in the Northern Hemisphere, sea-level rise, which state climate change is happening and needs to be addressed on a ...

• Word Count: 659
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The container revolution in the 1960's is one of the main innovation in the transportation sector that considerably helped global trade to develop, as it provided the capabilities to support more complex and long distance trade flows. ... In conclusion, transport and communication means have always played a very important role in global trade, like during the Industrial Revolution in the 19th century with the invention of steamboats that already enabled people exchange goods internationally. ...

• Word Count: 1245
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Mao believed that China's Marxist revolution would be victorious for the peasant class. ... The 1911 Revolution Since 1904, groups of radical young Chinese constructed revolutionary units in Hankou and Wuchang. ... A new future was ahead of the Chinese people after the Revolution of 1911. 1) When the People's Republic was proclaimed in 1949 in Peking, the traditional "northern capital,"" the Communists inherited a country in complete disarray. Since the turn of the century, China had been accosted by revolution and internecine conflict, warlordism, foreign invasion, and chron...

• Word Count: 4353
• Approx Pages: 17
• Has Bibliography
• Grade Level: Undergraduate

As the Industrial Revolution proceeded, particularly in Britain, western European powers sought raw materials and markets in China. ... In 1911 revolution broke out in China and in 1912 the last Manchu emperor was forced to abdicate. ...

• Word Count: 1796
• Approx Pages: 7
• Grade Level: Undergraduate

Deng Xiaoping, 1987 The building of the "market-socialist economy- in China, is understood to be one of many great Chinese experiments, a continuation of the "permanent revolution- that Mao upheld. ... For example, rather than controlling the number of state-owned enterprises destroyed by market economy implementations, a complete release of such enterprises from any government support or authority might result in a massive collapse of the industrial sector and wide scale unemployment. ...

• Word Count: 1161
• Approx Pages: 5
• Grade Level: Undergraduate

According to Josh Brooman's 'China since 1900', Industry was the main focus of the GLF as Mao's plan was to make China one of the world's leading industrial nations. ... Despite the fact that Mao was a peasant and that he led the peasant revolution his attitude towards peasants became very bitter. ...

• Word Count: 1287
• Approx Pages: 5
• Grade Level: Undergraduate

POLITICAL CLIMATE The current political system in China is a one party system, Communist Party of China that won the "new democratic revolution" in 1949 and subsequently founded The People's Republic of China. ... In the mid 2000s, a global environmental movement began a major push to reduce industrial waste and encourage innovation in reusable energy. ... The end result was the recognition that China was producing more industrial waste than any other countr...

• Word Count: 3326
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate