Booklet 2 Flashcards
Chinese revolution
The Chinese revolution was the culmination of the Chinese communists party’s drive to power in 1949
CCP
The Chinese Communist Party (CCP) is the founding and ruling political party of the People’s Republic of China (PRC), during the Chinese revolution.
KMT
The nationalist party also called Kuomintang (KMT) is the political party that governed all or part of mainland China, during the Chinese revolution
Communism
an economic or political system in which all property is owned by the community and each person contributes and receives according to their ability and needs.
Capitalism
An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state
Domino theory
the theory that a political event in one country will cause similar events in neighbouring countries