Post-war economy Flashcards

1
Q

Industrial development 1945-53

A
  • from WW2 USSR lost 70% of industrial capacity
  • Lend Lease ended in 1947
  • Refused to allow the satellite states to receive Marshall Aid and instead set up the Comecon to coordinate the economies of these states.
  • Cominform was set up to spread state propaganda
  • During WW2 new factories had been built in the East; this helped the exploitation of raw materials
  • Gosplan introduced 2 more five year plans
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

4th 5 year Plan

A
  • 1946-50
  • concentrated n heavy industry, transport and rebuilding the Ukraine
  • Production doubled
  • 1947 the Dnieper Dam poor station was back into action
  • long hours low pay
  • Extra labour provided from labour camps
  • By the end, the USSR came second to the USA in industrial capacity.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

5th 5 year plan

A
  • 1951-55
  • concentrated on heavy industry and transport
  • more investment in consumer goods and housing
  • After Stalin’s death, Malenkov also reduced expenditure on the military and heavy industry (these changes were met with opposition resulting in his loss of leadership 1955)
  • National income increased by 71% during this plan.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly