Consolidating Communist Power

By ______, the 4.5 million members of the CCP made up less than 1% of the Chinese population.

1950

By 1950, the ______________________________ of the CCP made up less than 1% of the Chinese population.

4.5 million members

By 1950, the 4.5 million members of the CCP made up _______________ of the Chinese population.

less than 1%

The Communists expressed their willigness to _______________________________________ – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

use the resources and expertise of “national capitalists”

The Communists expressed their willingness to use the resources and expertise of “national capitalists” – ____________________________________________________________________, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

industrialists who were willing to give support to the CCP in order to keep the economy stable

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were _________________ as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

denounced

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as _____________________ if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

bureaucratic capitalists

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The ________________________________________________________ were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

baking sector, transport industries, electricity and gas supplies

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under ___________________________ and assets and industries controlled by foreign powers were also nationalised – apart from assets controlled by the USSR.

direct government regulation

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and____________________________________________ were also nationalised – apart from assets controlled by the USSR.

assets and industries controlled by foreign powers

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also _______________– apart from assets controlled by the USSR.

nationalised

The Communists expressed their willigness to use the resources and expertise of “national capitalists” – industrialists who were willing to give support to the CCP in order to keep the economy stable, however such favourable treatment was not extended to all of the urban elite, some businesspeople were denounced as bureaucratic capitalists if they had worked too closely with the former GMD government, collaborated with the Japanese authorities, or were suspected of being hostile to the CCP. The baking sector, transport industries, electricity and gas supplies were all brought under direct government regulation and assets and industries controlled by foreign powers were also nationalised – apart from assets ________________________.

controlled by the USSR

In ______________, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

May 1949

In May 1949, a new “___________________” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

people’s currency

In May 1949, a new “people’s currency” was introduced, called the ____________or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

yuan

In May 1949, a new “people’s currency” was introduced, called the yuan or _____________. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

renminbi

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced _____________over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

strict control

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and ____________________________________by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

decreased the amount of paper money in circulation

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by _____________________________whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

nationalising all banks

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst _________________________ by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

stabilising purchasing power

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an ________________ where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

effective pay system

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the______________________ including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

price of 5 basic items

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including __________ and ___________. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was brought down to 15% by 1951.

rice, coal

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached _________________% in 1949 was brought down to 15% by 1951.

85,000

In May 1949, a new “people’s currency” was introduced, called the yuan or renminbi. The government enforced strict control over national currency and decreased the amount of paper money in circulation by nationalising all banks whilst stabilising purchasing power by introducing an effective pay system where wages were based on the price of 5 basic items including rice and coal. The rampent inflation over the Nationalist years, which had reached 85,000% in 1949 was_______________________________________________________________.

brought down to 15% by 1951.