How did the Cultural Revolution change China?

"The Cultural Revolution damaged China's economy and led to the death of an estimated 500,000 to 2,000,000 people. ... To eliminate his rivals within the Communist Party of China (CPC) and in schools, factories, and government institutions, Mao insisted that revisionists be removed through violent class struggle."

the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.