Economy of China, China between the fall of the KMT and Mao Tse-Tung's death

The time from 1949-1976 was a time of transition for China. Many social and economic changes occurred through this period. When the Kuomintang government collapsed and Mao Tse-Tung assumed control, this marked the beginning of massive reformation for what would become the People's Republic. With Mao Tse-Tung's rule came governmental reform which led to social betterment. His first years of rule included careful development and reorganization backed by Soviet support. The landlord class was wiped …

…acts. When stability was restored, foreign relations was vastly improved. The People's Republic of China was admitted into the United Nations in 1971. The time period between the fall of the KMT and Mao Tse-Tung's death was an era of revolutionary transition into a nation for the people. At one point nearly leading into a civil war. The key developments that occurred during this span were greatly significant in shaping China into what it is today.