Book 3 Chapter 3 Flashcards
(10 cards)
What was the Cultural Revolution?
The Cultural Revolution was a period in Mainland China from 1966 to 1976 that caused great harm to the country.
What were the negative impacts of the Cultural Revolution?
It created serious negative impacts on the country’s development in society, education, culture, and economy.
Who launched the Reform and Opening-up Policy?
Deng Xiaoping, the leader of China at the time, launched the reform and opening-up policy in 1978.
What was the purpose of the Reform and Opening-up Policy?
The purpose was to improve the economy and people’s lives.
What reforms were encouraged by the Reform and Opening-up Policy?
The policy encouraged farmers, workers, and firm owners to work harder.
What were the results of the Reform and Opening-up Policy?
Jobs were created, people’s income was raised, and agricultural and industrial production increased.
What were the special economic zones established under the policy?
China set up five special economic zones in the southern coastal areas as part of its opening-up policy.
What was done to attract foreign investment?
Tax rates were lowered to attract foreign investment to build a stronger and more diverse economy.
What improvements occurred since the launch of the Reform and Opening-up Policy?
Both China’s economy and people’s lives have improved greatly.
How did the economic development of Mainland China affect Hong Kong?
Along with the economic development of Mainland China, Hong Kong’s economy also developed more rapidly in the 1980s.