The contract responsibility system is an agricultural policy that was introduced in China during the late 1970s, which allowed individual farmers to sign contracts with local governments to cultivate land and keep a portion of the profits. This system marked a shift from collective farming to a more market-oriented approach, fostering greater productivity and incentivizing farmers by granting them autonomy over their land. It played a crucial role in transforming China's rural economy and is often seen as a pivotal step towards economic reform.
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