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Paperback Chinas Economic Rise: History, Trends, Challenges, and Implications for the Uni Book

ISBN: 150552590X

ISBN13: 9781505525908

Chinas Economic Rise: History, Trends, Challenges, and Implications for the Uni

Prior to 1979, China, under the leadership of Chairman Mao Zedong, maintained a centrally planned, or command, economy. A large share of the country's economic output was directed and controlled by the state, which set production goals, controlled prices, and allocated resources throughout most of the economy. During the 1950s, all of China's individual household farms were collectivized into large communes. To support rapid industrialization, the...

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