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→Economic history
China's economy, based on rice and wheat farming, was generally prosperous until the 18th century. Population pressures and failure to adopt new technology led to an impoverished nation by 1900.
China's economy, based on rice and wheat farming, was generally prosperous until the 18th century. Population pressures and failure to adopt new technology led to an impoverished nation by 1900.
===Deng reform era===
After Mao's death, the policy of modernization along Western lines has led to a remarkable rate of economic growth in the industrial cities, which have pulled in millions of peasants from the still poor rural areas. Slack environmental standards have led to serious pollution problems.
After Mao's death, the policy of modernization along Western lines has led to a remarkable rate of economic growth in the industrial cities, which have pulled in millions of peasants from the still poor rural areas. Slack environmental standards have led to serious pollution problems.