Traditional Culture Encyclopedia - Traditional festivals - Why did some capitalists and landlords not give up feudal exploitation such as land while investing in modern industry?
Why did some capitalists and landlords not give up feudal exploitation such as land while investing in modern industry?
Although modern industry has developed to some extent, the traditional economic situation still occupies an absolute dominant position. From 65438 to 0920, of the total output value of industry, agriculture and transportation in China, only 7.84% were new enterprises and 92. 16% were traditional industries. Shortly after the end of World War I, the imperialist powers made a comeback and stepped up their economic aggression against China, and the newly developed national industries declined rapidly. Therefore, land and feudal exploitation are much more beneficial to capitalists and landlords, so they will not give up.
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