la economia

Economic Aspects

China’s economy has change and expanded largely over the past 40 years. It went from being a closed system to an open-market economy, from being a central economy to an international one. Now a days, China is one of the most powerful economies in the world, and this was only accomplished by opening its doors to globalization.
During 1965 to 1968 China was exposed to a revolution, Mao believe he was loosing the hope in the country to become a great nation. He noticed that the communist country was splitting and that they had to do something in order to prevent new social class to be made. So the revolution started and they try to clean the communist party and avoid any division in the social classes, nevertheless, Mao lost control over the Red Guards and impact the economy of the country. After the dead of Mao Zedong, China realized it needed to make changes and in order to accomplished and improve the conditions of the people living in the country they needed to change the reforms. (History learning).
They started making changes in the agriculture, since this area was the main support of the country. These reforms wanted to increase the autonomy of local farmers, instead of having collective farms. China’s problems weren’t the internal distribution, but the international market and their place on it. And for that they had to create new policies in order to allow free trade with other nations. The changes weren’t restricted to the agriculture sector only. We could also observe how there was a strong growth in private sectors, open their doors for foreign trade and investment. These changes were gradually, which helped the country to reach the full potential and balance the unemployment rate and the generation ...

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...orce in that sector and one of their goals for the “5 years plan” is to shift this into other sectors. (Union Proletaria, 7)
• Reducing corruption and crimes: Even though China experienced a rapid growth in their economy corruption also increase. Before Mao’s era corruption was paid in kind (cigarettes, alcohol, etc.) and only to “local” and “low” level officers. After Mao and due to the economy explosion corruption infected every part of the government. Specially the government funds (which had surplus money or Xiao joink), which allowed them to give under the table loans (CIA 5).
• Holding environmental damages: The economy might grown but this could only mean one thing, the construction of houses, factories, roads, etc. Will create a problems in the future generating more air pollution and losing arable land for agriculture due to the development of the nation.