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:

Fixed Expenses

Costs that remain constant and do not change with the level of business activity, similar to fixed overhead.

Break-even Point

The level of sales at which total revenues equal total costs, resulting in no net profit or loss.

Break-even

The moment total expenditure equals total earnings, resulting in neither a financial gain nor a loss.

Monthly Unit Sales

The total number of individual items or products sold by a business during a month.