The impact of economic factors Flashcards
What caused the stagnant USSR economy?
high costs of the arms race unrealistic production targets of the 5 year plans inefficient central planning methods inadequate technology and infrastructure corruption within the soviet elite
What was the USSR annual growth rate for industrial output in 1967 and 1980?
1967 - 5.35%
1980 - 2%
What was the USSR average annual increase in national income between 1961 and 1975?
3.4%
What was the USSR average annual increase in national income between 1976 and 1990?
1.1%
What was the USSR annual growth rate for agricultural output in 1970 and 1980?
1970 - 3.7%
1980 - 0.8%
What percentage of soviet exports was oil in 1970 and 1984?
1970 - 15.6%
1984 - 54%
How much west Siberian oil was produced in 1970 and 1980?
1970 - 31 million tonnes
1980 - 312 million tonnes
Between 1980 and 1981 ho much did the price of oil fall by?
90%
When did the West start a technology embargo on the soviet bloc?
1950
wasn’t lifted during détente
In the early 1980’s how many pc’s were in the USA and USSR?
USSR - 50 000
USA - 30 million
How much did the USSR provide Cuba in aid and oil subsidies?
$4billion
How much did the USSR provide Vietnam in aid and oil subsidies?
$6billion
How much did the Warsaw pact countries cost the USSR in subsidies each year?
$3billion
In the mid 1980’s how much of GDP did the state budget was spent on defence?
40%
25% of GDP
US military spending
1948 - $94.7 billion
1955 - $344.5 billion
1970 - $346 billion
1990 - 358.7 billion