Economic Developments

Question 1

Great turn

Answer 1

Radical change in economic policy
Party rejected NEP and committed to rapid industrialisation under state control
Began in 1925 when 14th party congress committed to industrialisation

Question 2

Launch of first 5 year plan

Answer 2

Catch up with industrial strength of capitalist countries
Ready USSR for war with capitalist countries
Achieve socialism in one country