Assessment 3: Economic Flashcards
(9 cards)
Overview: three layered economy 54-74
base agriculture, second mining and industry, third foreign aid (britannica 98)
North: Bombing - communist influence in north
started three year plans, favouring western industry and production over traditional agriculture
North: Bombing - extraneous bombing (Herring 2014)
“inflicted and estimated 600 million damages on an already underdeveloped economy”
North: Bombing - factories impact
factories moved underground or rurally, thousands left unemployed
South: CORDS - prior to war
the ag sector in south, particularly along mekong delta, had caused greater GDP and wellbeing than in the north
South: CORDS - chemicals
chemical defoliants 100,000 tons destroyed almost half of cultivated area (tully), farmers couldnt return
South: CORDS impact of defoliation
hunger, starvation and poverty, mass migration to urban
South: CORDS carrot and stick
CORDS was carrot, started 1967
South: CORDS
1969 press packet aims to “initate economic and social actviity capabale of self sustenance and expansion”. “raise the living standards of the people”