The "Great Leap Forward" is the name of the plan started by the Communist government of China that attempted to rapidly industrialize their economy in the late 1950s.
<u>Explanation:</u>
The Great Leap Forward was the social and economic program during 1958 to 1962 of the People's Republic of China's (PRC's) by the Communist Party of China (CPC) counted as second 5 year plan. This initiative was flagged by Mao Zedong as a movement to transform the nation from an agrarian economy to a socialist society by establishing communes of the citizens.
The movement for the faster growth of the industrial and agricultural industries in China must be initiated in parallel. The objective was to eliminate importing heavy machinery by permitting use of the vast supply of cheap workers.The authorities also wanted to escape the social stratification as well as the technological bottlenecks embedded in the Soviet growth model, but found political instead of technical solutions.
Hitler and Mussolini were more similar than different. Here is a list of reasons why this is the case.
1) Both rose to power during a time of crisis/instability- Hitler rose through the political ranks after the Germany economy suffered terribly due to the conditions of the Treaty of Versailles. Mussolini also rose to power at the same time, thanks to the instability of the Italian government.
2) Both eliminated other political parties- Mussolini and Hitler both got rid of their political opposition through force during their reigns.
3) Both censored the media- Controlling the media is one way in which both controlled their societies. By showing themselves in the best possible light, Hitler and Mussolini gained support from their citizens.
4) Both were totalitarian leaders- This meant that both men had complete control over their respective countries.
Answer:
Total revenue equals total Expenditure in a market where transaction costs are zero. This is because what consumer pays is received in total by the supplier. That is consumers pay price quantity which is total Expenditure. Hence total Expenditure equals total revenue.
Political conservatives were worried about people being upset due to the large number of US soldiers(117,000) who died fighting in WWI.
