1. China's Unnatural Development Strategy
In 1953, with the start of the first Five Year Plan, the focus on a heavy-industry oriented development strategy began. ... China's Characteristics China's economic development started at a low level. ... In 1959, at the beginning of the Chinese Great Famine, a massive miscalculation in agricultural planning occurred, due to the combination of mismanagement of agriculture brought on by the commune system, and the acceptance of the inflated agricultural output figures. ... It was therefore illogical to remove the majority of capital away from what was China's main source of i...
- Word Count: 1745
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate