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Words: | Submitted: Thu Jan 13 2005
... begin a strategy of heavy industrial, economic, and technical advance. The first course of action was to collectivise agriculture, to face the increasing need for food and domestic capital. As industrial progress soared thanks to the contribution of the NRC, as well as economic prosperity due the reforms of the PRC, the population of towns doubled as workers eagerly fled the countryside in pursuit of gaining jobs in the city. Immediate improvements were perceived, most prominently the dramatic decrease of the preposterous 1000 % inflation to a remarkable 15 %. Mao managed that by increasing taxes, as well as changing the Chinese dollar to "Yuan ". Heavy metal production saw an increase in coal, steel, and petrol-chemicals, as well as the creation of an extraordinary road and railway bridge (Yangzi River), and the management of Chinese automobile transportation. Economic growth of only 9 % was experienced, but supervisors were urged to exaggerate ...
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