What is the way of the three socialist transformations?

The Three Socialist Transformations, i.e., the socialist transformation of the three sectors of agriculture, handicrafts and capitalist industry and commerce led by the Chinese ****productivity party after the establishment of the Chinese People's **** and State. Modes of transformation:

Agriculture: through the establishment of agricultural production cooperatives, taking the road of cooperativization;

Crafts: through the establishment of handicraft production cooperatives, taking the road of cooperativization;

Capitalist industry and commerce (private industry and commerce)-through the use, restriction, transformation, redemption, public-private partnership and other channels and methods of nationalization.

The essence of the Three Great Transformations is to make changes in the system of ownership of the means of production, to transform the private system of the means of production into the socialist public system, to make the public economy absolutely dominant, and to lay the economic foundation for the establishment of the basic socialist system.

The three major socialist transformations refer to the original methods by which New China accomplished the transition from new democracy to socialism.

The traditional Soviet-style socialist changes, which directly eliminated landlords and capitalists physically, confiscated capital and nationalized it, were simple, brutal and too bloody. Instead of adopting this method, our country, starting from a humanitarian and practical point of view, achieved a peaceful transition by transforming the landlords and ordinary craftsmen into socialist laborers through cooperativization, while industry and commerce achieved public ownership by hiring the former capitalists to manage the factories and provide technical guidance, and the assets and equipment of the factories were put into public ownership through redemption or public-private partnership. This is an innovation in the history of socialism.