DDR: ECONOMY Flashcards
What did the second wave of collectivisation do?
85% of agriculture was collectivised.
What did the first wave of collectivisation do?
45% of agriculture was collectivised.
What years were the two waves of collectivisation?
1952 and 1960.
What did the land reforms do?
What year were they introduced?
Broken up large land-holdings.
1945.
How much per year did the DDR’s economy grow?
3% per year, by the 1960s.
This seemed poor compared to the FRG’s 8% average.
What was introduced in 1959?
Seven year plan.
After the second five year plan was abandoned.
What year was the second five year plan introduced?
1956.
Failure.
What year was the first five year plan?
What did it promise to do?
1950.
Promised to double the output of 1936.
Give two disadvantages of the SED approach to the economy.
USSR continued to demand heavy reparations.
Loss of labour to the west.
