AP Success - AP World History: Post-Revolutionary China's Economy
"At the founding of the People's Republic, we inherited from old China a ruined economy with virtually no industry. There was a shortage of grain, inflation was acute and the economy was in chaos. But we solved the problems of feeding and employing the population, stabilized commodity prices and unified financial and economic work, and the economy rapidly recovered. . . We are suggesting that we should develop rapidly, but not too rapidly because that would be unrealistic. To do this, we have to invigorate the domestic economy and open to the outside world."
Deng Xiaoping, "Build Socialism with Chinese Characteristics," June 30, 1984.
Question 1
Which Chinese leader is most closely associated with the policy of 'Socialism with Chinese Characteristics'?
Mao Zedong
Xi Jinping
Deng Xiaoping
Zhou Enlai
Question 2
What does the source suggest was a primary goal of the Chinese government after the establishment of the People's Republic of China?
Stabilizing the economy and solving basic problems of food and employment
Establishing a fully market-oriented economy
Promoting cultural revolutions and political purges
Rapid industrialization at any cost
Question 3
The policy of 'opening to the outside world' as mentioned in the source is indicative of China's shift towards which of the following?
Isolationism and self-sufficiency
Complete adoption of Western capitalist models
Economic liberalization and increased foreign trade
Expansionist foreign policy
Question 4
The source describes a period of recovery and stabilization in China. Which of the following best characterizes the preceding period that necessitated this recovery?
The rapid industrial growth during the Great Leap Forward
The turmoil and economic challenges following the Chinese Civil War and World War II
The stability during the early years of the Republic of China
The economic prosperity of the late Qing Dynasty
Question 5
The phrase 'develop rapidly, but not too rapidly' in the source reflects which of the following economic principles?
A strict adherence to Marxist-Leninist economic planning
A laissez-faire capitalist policy
A commitment to the rapid collectivization of agriculture
A pragmatic approach to growth that avoids the pitfalls of overexpansion
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