2. Main Ideas
•China wanted a different way to go into their market economy
after being a communist country for so long.
•China feels that communist dictatorship and a market economy
are compatible.
•They discovered decollectivization.
•Market reforms began under the leadership of Dang
Xiaoping, the successor.
3. • China’s view is that the upsetting of the political
system would generate endless debate.
• Decollectivization and price reform significantly
strengthened production incentives and swiftly
moved the Chinese economy.
• The increased productivity in agriculture freed up
labor resources to a growing number of privately
owned rural manufacturing firms called township
and village enterprises.
• Deng did
