1. Chinese Economics
... out, in rural areas, decollectivization was occurring: "decision making power was being transferred from collective production units (communes, brigades, and teams) to the family"; purchase prices for major farm products were increased. In 1985, further reforms were introduced. For example, long-term sales contracts between farmers and the government were established. In addition, in an effort to allow the ... prices of fruit and vegetables, fish, meat, and eggs, were freed from government controls so they could respond to market demand" (Shirk 39). Most importantly, "a surge of private ...
- Word Count: 6375
- Approx Pages: 26
- Has Bibliography
- Grade Level: Undergraduate