In 1927, the CCP Had to Switch to a Peasant-Based

question 2

Multiple Choice

In 1927, the CCP had to switch to a peasant-based strategy because

• A) of their defeat by the KMT.
• B) Moscow told them to.
• C) there weren't any cities in China.
• D) of the Japanese invasion.
• E) of the rejection by urban working classes.

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Definitions:

Farm Subsidies

Government payments or other support extended to farmers to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.

Parity Concept

The idea that year after year the sale of a specific output of a farm product should enable a farmer to purchase a constant amount of nonagricultural goods and services.

Parity Concept

A principle in economics that suggests prices, incomes, or interest rates should equalize across different markets or countries, adjusted for exchange rates.

Farm Commodities

Agricultural products such as grains, milk, cattle, fruits, and vegetables that are usually sold to processors, who use the products as inputs in creating food products.