Mao: Economic Policies

Mao Zedong is an important figures in modern world history and till now is still quite a controversial figure…

So here’s a look at his economic policies…

From 1949, Mao implemented economic policies after coming into power to prove that Chinese communism would be a success in bringing about economic growth.

In agriculture, changes were made in 3 levels. First stage, land reform was introduced in 1950. It aimed to take land from land owners and redistribute them among poor peasants, and to increase produce to help industrial development in China. But as average holdings of land of peasants was less than 1 acre, mechanization and new farming methods were not utilized and China remained poor. Though peasant support increased, productivity level dropped.

Therefore, collectives were introduced to…

Note: I’ve moved my blog and this essay.
The full essay can now be found at: http://fusedthought.com/archives/mao-economic-policies/