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poverty. In the village of Xiaogang in 1978, a group of farmers secretly met and agreed to abandon collective farming, divide up the land, and each keep whatever surplus they produced after meeting collective quotas. It was a treasonous agreement in Communist eyes, so the secret contract was hidden from officials. But the farmers were eventually found out: the giveaway was that their farms had produced more in one year than in the previous five years combined.
Fifty Inventions That Shaped the Modern Economy
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