In United States, you get to make money, back in Soviet Russia, money make you!
all economic production
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
The Gosplan
Michael Ellman has written: 'Planning problems in the U.S.S.R' -- subject(s): Economic policy, Mathematical models, Soviet Union 'Collectivisation, convergence, and capitalism' -- subject(s): Collectivization of agriculture, Economic conditions, Economic policy, Marxian economics 'Socialist planning' -- subject(s): Central planning, Comparative economics, Economic policy, Marxian economics
Vladimir Lenin
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
One negative effect of the Soviet Union's central planning was the inefficiency and stagnation in the economy, as state-controlled production often led to a mismatch between supply and demand. This resulted in chronic shortages of consumer goods, poor quality products, and a lack of innovation, as enterprises had little incentive to improve or respond to market needs. The bureaucratic nature of central planning stifled individual initiative and entrepreneurship, further hindering economic growth.
Perestroika is an economic policy adopted in the former Soviet Union; intended to increase automation and labor efficiency. However, it led eventually to the end of central planning in the Russian economy.
To answer the key economic questions of production and comsuption.
Vladimir Lenin
Stalin developed his five part plan for the success of the Soviet Union on a piecemeal basis. The plan included the following:* Rapid industrialization; * Central economic planning; * Collectivization of agriculture; * Socialism in one country; and * Push for a radical leftist policy in the Communist International.
The government of the Soviet Union was characterized by a communist system where private property was abolished, and all means of production were owned collectively by the state. This system aimed to eliminate class distinctions and promote equality, with the government controlling economic planning and distribution of resources. The state implemented central planning to manage the economy, which often led to inefficiencies and shortages. Overall, the absence of private property was a fundamental aspect of Soviet ideology and governance.