The Chinese communist party’s approach when it took power was to institute a <u>"Planned economy"</u>
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The history of the Chinese Communist party began with its establishment in July 1921. A look at a group led by Peking university professors Chen Duxiu and Li Dazhao to discuss Marxism, brought about intellectuals officially founding the Chinese Communist party (CCP) in July 1921.
In 1923, Sun Yat-sen invited the CCP to form a United front and to sign up for his Nationalist party (GMD) in Canton for training under representatives of the Comintern, the Soviet Union's international organization.
The Soviet representatives reorganized both parties into Leninist events. Rather than a loose organization that characterized the 2 parties till then, the Leninist party operated on the principle of democratic centralism, in which the collective management set standards for membership and an all-effective central Committee determined the party line, which all members should observe.
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The main reason why people left Italy and traveled to America was poverty brought about by unemployment. The dream of earning enough money to return to Italy and buy lands was a great motivator. The journey of 3,000 miles by ship took almost 3 months. They had to pass through the Ellis Island Immigration Center for mental and physical examinations. After the mental and physical examinations, the migrants were sent to a room where they had to answer 32 questions to establish whether they could enter America. Failure in the examinations would mean separation from their families and deportation back to Italy.
Answer: Among the different viewpoints on slavery in the territory, which of the following represent compromise positions? Check all of the boxes that apply.
Allowing slavery throughout the new territories
Extending the Missouri Compromise line
The Wilmot Proviso
Popular sovereignty
Explanation:
The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.