POST COLD WAR WORLD
RISE OF CHINA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Great Leap Forward
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The Cultural Revolution
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China’s Betterment Plan
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Chinese Economic Plan for that moolah
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Detailed explanation-1: -Despite the disastrous Soviet experiment with collectivization and increasing grumbling from China’s population, domestic and international events steeled Mao’s resolve to surge ahead with the second Five Year Plan, also known as the Great Leap Forward.
Detailed explanation-2: -The central idea behind the Great Leap was that rapid development of China’s agricultural and industrial sectors should take place in parallel. The hope was to industrialize by making use of the massive supply of cheap labour and avoid having to import heavy machinery.
Detailed explanation-3: -Answer: The Great Leap Forward (GLF) was a campaign initiated in 1958 in China by Mao’s, which was aimed to modernise the China’s economy. The campaign was imitated towards the large scale industrialisation in the country not concentrated only in the urban areas.
Detailed explanation-4: -Broadly outlined in late October 2020, the new plan aims at China becoming a “moderately developed” economy by 2035 with a per capita GDP of about US$30, 000, nearly three times the 2020 level.
Detailed explanation-5: -The First Five-Year Plan (1953–57) emphasized rapid industrial development, partly at the expense of other sectors of the economy. The bulk of the state’s investment was channeled into the industrial sector, while agriculture, which occupied more than four-fifths of the economically active population, was forced to…