24.2 Economic condition of the Soviet Union Flashcards

1
Q

What was Stalin’s influence in the late Russian economy?

+ What was a negative of Stalinist industry?

A

Stalin had created a broad industrial base; despite the war much had been done to rebuild that economy by 1953

+ it had been wasteful of resources

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2
Q

What were Stalin’s successors keen in regard to the economic condition of Russia?

+ What did a change in the fundamental elements of Russia’s economy do?

A
  • Stalin’s successors like Khrushchev were in favour for moving resources away from heavy industry and more towards consumer goods and housing
  • There was also a focus on new technology like nuclear weaponry perpetuating Russia’s military power

+ Changing fundamental elements of Russia’s centralised system however came with problems like bureaucracy

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3
Q

What was Khrushchev’s economic influence?

+ Was this successful overall?

A
  • After 1953, productivity was encouraged without relying on increases in labour or the exploitation of resources

Khrushchev tried to decentralise institutions to incentivise productivity

+ Plans were not properly envisioned – real improvements relied upon the use of Virgin Lands whilst productivity had not really increased

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4
Q

What was the overall economic condition of Russia by 1964?

A

By 1964 there was still no solution to the major issue of how to sustain economic growth had been solved

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