What are the three major socialist transformations?

Three major socialist transformations, namely, the socialist transformation of agriculture, handicrafts and capitalist industry and commerce led by the China Production Party after the founding of the People's Republic of China. Conversion mode:

Agriculture: take the road of cooperation by establishing agricultural production cooperatives;

Handicraft industry: take the road of cooperation by establishing handicraft production cooperatives;

Capitalist industry and commerce (private industry and commerce)-Nationalization is realized by means of utilization, restriction, transformation, redemption and public-private partnership.

The essence of the three major transformations is to transform the ownership of the means of production, transform the private ownership of the means of production into socialist public ownership, make the public ownership economy occupy an absolute dominant position, and lay an economic foundation for establishing the basic socialist system.

The three major transformations of socialism refer to the original method by which New China completed the transition from new democracy to socialism.

Soviet-style traditional socialist transformation means directly destroying landlords and capitalists physically, confiscating capital, nationalizing, being simple, rude and bloody. Based on humanitarianism and reality, China did not adopt this method, but transformed landlords and ordinary craftsmen into socialist workers through cooperation, while industry and commerce hired the original capitalists to manage the factory and provide technical guidance. The assets and equipment of the factory were publicly owned through redemption or public-private partnership, thus achieving a peaceful transition. This is a pioneering work in the history of socialism.