China Boom w/ Ho-fung Hung
The Dig
00:00
What Is Interesting About the Chinese Model of Rapid Industrialization?
A key distinction between the soviet union model of rapid state let industrialization and the chinese one, is that tatin basically destroy the presentries and and promote the urbanization of the population. The peasant economy was destroyed, replaced by the people's commil system,. But they capped the rural population there at the same time for many, many reasons. They worry about this kind of a rural to urban migration will create an employment and hencea instability in the city.
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