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Commercialization and Agricultural Development - Central and Eastern China, 1870-1937 (Hardcover, New)
Loot Price: R3,107
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Commercialization and Agricultural Development - Central and Eastern China, 1870-1937 (Hardcover, New)
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The author attempts to provide a reinterpretation of the impact
that the accelerated commercialization of the late 19th and early
20th centuries had on growth and income distribution in the rural
economy of central and eastern China. In this work it is
demonstrated that the prices of domestic agricultural products rose
as China's agricultural markets became integrated with the
international economy. These higher prices, in combination with
increasing domestic demand, fuelled by the growth of the urban
sector, provided the incentive for increased rural household
production, which led to increased specialization in rural
production.
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