China's Attempt to Make Itself Industrially Independent of Outside Aid

question 24

Multiple Choice

China's attempt to make itself industrially independent of outside aid during the 1950s is called the

• A) Red Guard challenge.
• B) China First movement.
• C) Great Five-Year Plan.
• D) Great Leap Forward.
• E) Self-Strengthening movement.

---

Definitions:

Federal Regulations

Laws and rules imposed by federal government agencies to regulate various activities and industries across the country.

Corporation

A legal entity separate from its owners, with its own rights and liabilities, allowing it to own assets, incur debts, and enter into contracts.

Par Value Stock

Capital stock that has been assigned a value per share in the corporate charter.

No-Par Value Stock

Shares issued without a nominal or face value, where the market value of the shares is determined by the price investors are willing to pay.