Stalin's Economy Flashcards
Name Stalins new economic ideology
The Great Turn
When was the Great Turn and what did it mean?
1927/29
NEP abandoned and rapid industrialization whatever the cost
Describe the problems of the Russian economy
Production weakened by strikes, low levels of machinery and poor management
By 1928 how many of the peasant population worked on collective farms?
Less than 5%
Name 4 reasons for the Great Turn
Less reliant of Foreign imports
Huge Grain procurement crisis 27/28 with 25% less grain procured by the Gov
More towards more communist ideals
Lacking industries significantly in the context of a future war
When was the end of the NEP announced?
Dec 1927 at the 15th Party Congress
Who disagreed over economic policy?
Bukharin and Stalin
How many industrial workers were sent to accelerate the development of collective farms by the Central COmmittee in 1929?
25,000 industrial workers sent to collective farms in 1929