This is an excellent question. Financial managers who deal with money (otherwise known as fund manager) face many challenges. However, one of the greatest, if not the great challenge, is to find best ways in which to invest money. In connection to this point, there are a few main challenges. First, managers need to know where there will be greatest growth.
Cultural Revolution - Children's Encyclopedia (Ages 8-11) The period of the Cultural Revolution, which lasted from 1966 until 1977, was one of the most difficult in Chinese history. Chinaâs leader, Mao Zedong, had led a revolution that brought a form of government called Communism to the country in 1949. He launched the Cultural Revolution in order to maintain that system.
Following Mao's death in 1976, a brief political struggle ensued between Jiang's Gang of Four and Hua Guofeng. The Gang of Four was ultimately arrested and they were politically discredited. All four members were held responsible for the upheaval and suffering wrought by the Cultural Revolution and they were placed on trial. Jiang and Zhang were sentenced to death, although their sentences were later commuted to life imprisonment. Yao and Wang were sentenced to long terms of imprisonment.