The answer is false.
After the Revolution, a communist government was established by Mao Ze
Dong. The government took over all farm
land and ruled over the economy as well.
The Nationalists were driven to Taiwan where they continue to remain
today.
<span>There was a major paradigm shift in spending on consumer goods. This was the result of the end of World War II and the ensuing 'baby boom'.
People needed automobiles, to start with, to get them to and from the place of work. From there it went on to shopping and the desire to accumulate.</span>