Econ reconstruction after ww2 Flashcards
introduction to post war reconstruction after ww2
-impact economic sever
-destroyed almost all process from 5YP
-1945: over 35m homeless and industry reduced by 66%
-1946: poor harvest compounded issues
-stalin decided to doubled down and announce rise in Econ output
-declared target of USSR being worlds leading economy in 15 years
-introduction of three new 5YP
post war industry: success of first 5YP
-first founded between 1946-50
-output of oil, coal (1945= 119.3m tonnes, 1950= 261.1m) and electrcity
-most investment went to heavy industry
-stalin’s grand projects of communism
-focus on military spending due to Cold War (1952 35% of budget)
weaknesses of industrial development
-workers had less than in 1928
-working conditions worsened
-consumer goods, not as much attention
-consumer goods only 12% of investment
-rouble devalued by 90% in 1947
post ww2 agricultural developments
-less productive than industry
-146 Ukraine famin compounded
-stalin imposed strict policies on private farms as soon as war was over
-grain rpdocution did increase
-1952 at pre-war level-1940 95m tonnes harvested
-1953: around 92m tonnes