Why Did So Many Chinese Farmers and Workers Starve Under

question 214

Multiple Choice

Why did so many Chinese farmers and workers starve under "The Great Leap Forward"?

• A) The number of workers on communes was reduced.
• B) The Chinese people did not know how to farm in certain geographic areas.
• C) The incentive to work hard was low since the rewards were so minimal.
• D) A long,severe drought drastically decreased agricultural production.

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Definitions:

Receivable

An amount of money owed to a business by its customers or clients for goods or services delivered or used but not yet paid for.

Allowance for Doubtful Accounts

A contra-asset account that reduces accounts receivable to its net realizable value, representing estimated uncollectible amounts.

Liability Account

An accounting record that tracks the money owed by a business to creditors, lenders, and suppliers, part of the company's liabilities.

Direct Write-Off Method

This accounting practice writes off bad debts directly against income at the time they are determined to be uncollectible, bypassing any allowance account.