Topic 3: State Capitalism Flashcards

1
Q

Features

A

Government holds monopoly on key industries
Government holds monopoly over foreign trade
Bourgeoise ‘specialists’ would remain

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2
Q

Why was it needed?

A

The failing economy was caused by the abrupt pulling out of the war
In 6 months, unemployment hit 60%
The return of the soldiers also hindered these problems.

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