CHINA Flashcards
KEY WORD
Thought
Legitimacy
Traditional … then Charismatic
1912
End of Imperial China, Start of Public China
Republic of China / KUOMINTANG
- led by sun yat-sen
- anti monarch; pro republic
- sun reached out to Europe and America for support but was ignored
Chinese Civil War
NATIONALISTS VS COMMUNISTS - PRC victory
Nationalist (CCW)
- Kuomintang
chiang kai shek
corrupted, but they were not communists
Communist (CCW)
- PRC
- Mao Zedong won support by redistributing land and encouraging school and wealth
The Great Leap Forward
GOAL: keep the revolution going until pure communism is met - industrialization!
WHAT; disastrous policies, collective farming, communal living
EFFECTS: chaos, instability (you cant fake a revolution) ; destroyed personal property, mass starvation, closed grain and food options, LOT OF DEATH
Cultural Revolution
Mao and Communist Party decided the capitalist influences and old traditions were holding China back from progress. Red Guard destroys “old” China, led by young people
Deng Xiaoping
“Architect of Modern China”
- Beijing Spring (allowed speakout of the cultural rev.), normalized US relations, towards capitalism
BIG QUESTION - What was the focus in post-Mao China?
ECONOMIC GROWTH
“Socialism with Chinese Characteristics”
China continues to reference its past - “lets do it our way”, very nationalistic
Market Economy
- prices of goods/services are decided by supply and demand
- business motivated by profit incentives and are free to compete
Command Economy
- central gov. plans the goods produced and sets wages for workers and prices of goods
- state employs workers and controls all means of production
- NO private entrepreneurs
Socialist Market Economy
Market Economy + Socialism = Chinese Eco.
- foreign investors, stock market, privatization of property, Guanxi
