Economic Problems facing China in 1949

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  • Problems facing China in 1949
    • Agriculture
      • Many peasants were on military service and were away from their villages
      • Small units of land
      • Small units of land
      • Old-fashioned methods of farming by hand
    • Industry
      • Years of foreign and civil wars and caused widespread damage to Chinese industry
      • Lack of Investment
      • outdated machines
      • war damage to transport systems - road, rail, bridges
    • Inequalities between rich and poor
      • The ordinary people lived in great poverty, poor housing, working long hours, often in dangerous conditions, for low pay, poor health, little education
      • In the countryside, most of the land was owned by a few rich landowners In the cities, factories and businesses were owned by an elite rich.

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