Economy under Stalin Flashcards
What was economic policy in 1925?
The 14th Party Congress called for ‘the transformation of our country from an agrarian into an industrial one, capable by its own efforts of producing the necessary means’.
What was economic policy in 1927?
the 15th Party Congress announced the end of the NEP and beginning of 1 5YP, known as the ‘Great Turn’.
What was Stalin’s Great Turn driven by?
Political desire to establish leadership
NEP failed to produce growth
War scare in late 1920s made them nervous of their reliance on imports.
It was a move towards true socialism
Suited Stalin’s personal style to have strong central control over the economy.
How was corruption and faulty reporting built into the 5YPs from the outset?
The targets were unreachably high, and failing to reach them was deemed a criminal offence.
Those who failed to reach them were known as ‘wreckers’ and purged.
What were the aims of the First 5YP?
Increase production 300%
Develop heavy industry
Boost electricity production 600%
Double light industry
What was the outcome of the First 5YP?
Actually impressive growth.
Electricity output trebled
Coal and iron output doubled
Railways, engineering plants, hydro-electric generators and industrial complexes built.
What was not achieved in the First 5YP, and why?
Chemical industry growth not met and house-building, food procession and consumer industries neglected.
Too few skilled workers and too little effective central coordination.
What were the aims of the Second 5YP?
Continue development of heavy industry
Put new emphasis on light industry development
Develop inter-city communications
Boost engineering and tool-making.
What were the ‘three good years’ of the Second 5YP?
1934-1936, when the Moscow Metro opened, the Volga Canal opened and the Dnieprostroi hydroelectric dam came into power.
What was achieved in the Second 5YP?
Electricity production and chemical industries grew rapidly and new metals such as copper, zinc and tin were mined for the first time.
Steel output trebled and by 1937 the Soviet Union was virtually self-sufficient in metal goods and machine tools.
What was the increased in % of GDP dedicated to rearmament from 1933-1937?
1933 - 4%
1937 - 17%
What was not achieved in the Second 5YP?
Oil production failed to meet its targets and there was no real increase in consumer goods.
An emphasis on quality over quantity also prevailed.
What were the aims of the Third 5YP?
Focus on development of heavy industry
Promote rapid rearmament
Complete the transition to communism.
What was achieved in the Third 5YP?
Heavy industry grew, and spending on rearmament doubled 1938-1940.
There was strong growth in machinery and engineering, although this varied geographically.
What was not achieved in the Third 5YP?
Steel stagnated, and oil failed to meet targets which caused a fuel crisis and a lack of raw materials due to transport issues.