/biz/ - Business & Finance

>>26303890
here's some education for everyone:

>The Great Leap Forward (Second Five Year Plan) of the People's Republic of China (PRC) was an economic and social campaign led by the Chinese Communist Party (CCP) from 1958 to 1962. Chairman Mao Zedong launched the campaign to reconstruct the country from an agrarian economy into a communist society through the formation of people's communes. Mao decreed increased efforts to multiply grain yields and bring industry to the countryside. Local officials were fearful of Anti-Rightist Campaigns and competed to fulfill or over-fulfill quotas based on Mao's exaggerated claims, collecting "surpluses" that in fact did not exist and leaving farmers to starve. Higher officials did not dare to report the economic disaster caused by these policies, and national officials, blaming bad weather for the decline in food output, took little or no action. The Great Leap resulted in tens of millions of deaths, with estimates ranging between 15 and 55 million deaths, making the Great Chinese Famine the largest in human history.