Lesson 1: How successful was the First Five-Year Plan 1952-56? Flashcards
What were Stalin’s FYPs?
In the USSR, between 1929-1953, Stalin had revolutionised the Soviet economy by a series of government-directed plans.
What is heavy industry?
Iron and steel based productions and constructions
What does the term ‘lift off’ mean?
Increasing output and production at such a pace as to turn China into a modern industrial power.
What are backyard furnaces?
Primitive smelting devices that every family was encouraged to build on its premises.
What is Zhongnanhai?
Building compound off Tiananmen Square.
The historic centrepiece of Beijing which housed the government offices and minister residences.
What does the term ‘iron rice bowl’ mean?
System that provided a worker with a guaranteed job and wage.
What are manufactured goods?
Sellable products made from raw materials.
What is quality control?
The monitoring of industrial production to maintain set standards.
What is Applied Communism?
Planning according to Marxist principles involving state direction of the economy and the ending of private ownership.
What is Capitalism?
An economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit.
What has an impact on production and the price of goods in a Capitalist system?
The markets
How much government intervention is there is a Capitalist society?
Often minimal
In a Capitalist system, wealth is gained by business owners, who decide and invest.
True or false?
True
What key elements would you expect to find in a Socialist economy?
Ownership of production
Distribution
Capital
Land within the community as a whole.
Who owns means of production in a socialist economy?
Democratic state
What is Socialism the precursor to?
Communism
[QUOTE] What did Lenin say about Socialism?
‘The goal of Socialism is Communism.’
What do workers share equally in a Socialist economy?
Share equally in wealth and services according to their needs.
What is Communism based on the theory of?
Shared ownership
What is there none of in a Communist society?
Private ownership of goods
Class
Money
What do people in a Communist society do individual work for?
A common goal
Who regulated the ownership of industries in a Communist economy?
Government
By 1951, what had happened to industrialisation?
Had been reduced to a manageable level.
By the end of 1952, what had Mao moved to do?
Impose a Soviet industrial model on China.
What is the 1st aim of the First FYP?
- Make China self-sufficient in food and manufactured goods
What is the 2nd aim of the First FYP?
- To produce spectacular public work projects.
What is the 3rd aim of the First FYP?
- To channel resources into heavy industries and away from consumer goods (seen as less important).
What is the 4th aim of the First FYP?
- To force collective farmers to sell food at low prices to keep industrial wages low.
What is the 5th aim of the First FYP?
- To nationalise businesses owned by foreigners such as banking, gas, electricity and transport.
Between what years was the First FYP?
1952-56
When was the Sino-Soviet treaty?
1950
Mao’s mistrust of Stalin was well founded.
True or false?
True
What was the Soviet intent on doing with the Sino-Soviet treaty?
Exploiting the agreement in its own favour
What did Mao believe the Soviet would provide?
Expertise and aid at low cost
Stalin struck an easy bargain for the Sino-Soviet treaty.
True or false?
False-hard bargain
What was Stalin’s 1st term of the Sino-Soviet treaty?
- The $300 million Soviet advance was a loan, not a gift; the PRC had to undertake to repay the full amount plus interest
What was Stalin’s 2nd term for the Sino-Soviet treaty?
- The upkeep of the 10,000 Soviet economic and military advisers who went to China to be paid for fully by the Chinese
What was Stalin’s 3rd term for the Sino-Soviet treaty?
- China had to give the bulk of its bullion reserves to the Soviet Union