<!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} –>
give me a little draft on that question. i would like to know it .
Deng Xiaoping decided to use market methods/capitalism because China’s economy was not great/doing well at the time. It was the 1970s or 1980s and Mao died shortly before he took power. The Cultural Revolution (which targeted many middle class and rich persons and devastated the economy) led to many problems and China’s economy was in a bad shape (Communist methods had not achieved economic growth nor helped the economy of the country). So, Deng Xiaoping decided to use market methods/capitalism to fix the economy and strengthen it. He succeeded and the economy of China is strong today (albeit with problems too but its growing).
——
Deng Xiaoping said, “Poverty is not socialism. To be rich is glorious. ”
And with that, China began its reform to a market based society with a Communist Government.