HIST-1107EL Study Guide - Quiz Guide: Proletariat, Deng Xiaoping, Devaluation
15 Dec 2020
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Growing exports (especially with usa due to favourable exchange rate: undervaluation of yen), while. Japanese market was protected, 1971: 3rd biggest export nation, urbanisation. 1973 oil crisis high inflation as price oil imports increases collapse of breton woods fixed currency exchange rates revaluation of yen makes exports more important. 1970s: government strategy: focus on r&d (research & development), 1980s: economy: from 1st & second sector (agriculture & industry) to thirs sector (services) 1st: bubble economy ( see us financial crisis), recession. Mid 1950s communism established, first five year plan 1952 1957. 100 flowers campaign 1956: = 100 different school of thought, intellectuals should speak out , allow intellectuals to criticize anti-rightist campaign 1957: critical intellectuals market rightist send to farms. Sputnik october 1957: soviet economic model = successful. People"s communes: cooperative farms into units, so that more efficient farms freelabour for industrial projects = social leap into communism: = urbanization (1958 1959), woman worked,
