How did the Great Leap Forward affect China's economy?

It was a complete and utter disaster, and it set Chinese economy back a few decades. The great leap forward was the epitomy of failure of central planning. It failed all the way and it brought great hardships to the Chinese people. read more

By 1957, the Communists had governed China for eight years. Chairman of the Chinese Communist Party and leader of the country, Mao Zedong was motivated by fellow Communist Leader, Soviet Premier, Nikita Khrushchev. Khrushchev had vowed to surpass the US in industrial production by 1975. read more

The Great Leap Forward was Mao’s attempt to moderniseChina’s economy so that by 1988, China would have an economy that rivalled America. Card issued to celebrate the Great Leap Forward Mao had toured China and concluded that the Chinese people were capable of anything and the two primary tasks that he felt they should target was industry and agriculture. read more