China: industrial and agricultural change Flashcards
1
Q
When was the first five year plan for industry
A
1953-56
2
Q
Successes of the first five year plan for industry
A
- Industrial working class grew from 6-10 million
- Most sectors reached their targets (some execeeded)
- Better standards of living in cities
- Experts sent form communists states
- Abolished private sector (but gradual) ideological win
3
Q
Failures of the first five year plan for industry
A
- Created a culture of lying (targets)
- Unequal balance of light and heavy industry
- High interest rates on loans from soviet union which was repaid in grain causing food shortages
- Overcrowding in cities caused disease
