China Adopts New Economic System
At a glance:
- Series: Great Events: 1900-2001
- Categories: Economics
- Subcategories: Socialism, Socialists
- Curriculum: Asian History
- Geographical Location: China
- Date: October 20, 1984
Article abstract: Chinese leaders announced major economic reforms that had the potential of changing the practice of socialism in the People’s Republic of China.
Socialist Ideals in China
From 1949 until his death in 1976, Mao Zedong directed the course of China’s socialist development. He had an unshakable faith in socialism, and he believed that the great masses of Chinese people could accomplish any task if they were motivated to work together for the good of the country.
Two of Mao’s primary goals were to improve production on China’s...
[The entire page is 824 words long]
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