Stalin's ive year plan
Joseph Stalin ended Lenin's New Economic Policy in 1929 because he instituted his own economic plan called the Five Year Plan. The three Five Year Plans were designed to increase Russia's industrial capacity turning the country from an agrarian economy to an industrial one. Stalin felt this was necessary in order to enable the Soviet Union to compete with the West economically. In addition, Stalin and other high ranking members of the Communist Party never agreed with Lenin's reintroduction of capitalism in certain areas of the economy. The Five Year Plans eliminated this retreat from communism to capitalism while at the same time strengthening Soviet industry.
The command economy under Stalin is credited with turning Russia into a modern industrialized nation, and giving Russia the industrial capacity that it needed to successfully defeat the invading army of the Third Reich. In the longer term, however, it failed to gain the support of the general population which became increasingly unproductive and rebellious, culminating in the collapse of the Soviet system in 1990. People prefer to run their own lives, they do not want a command economy that controls all of their economic activity.
In a planned economy, many workers may have been employed in industries that produced more goods or services than were needed. In moving to a market economy, those workers may be displaced and need retraining to find new employment. In some cases, whole industries which produced inferior products or had inefficient cost structures may find that their products are not competitive in a market-based economy, causing massive dislocation of workers. Corporate management may not be equipped to handle the transition, either. In a planned economy, operational planning is simple, because the production quotas are known in advance. Having little experience in quickly adjusting their operations to meet fluctuating demand, managers may not be prepared to make rapid and accurate changes to their operations. Sales departments may be completely inadequate to handle the competitive environment and staff with marketing skills may be non-existent. All of those things can cause the organizations which were built under the planned economy to be non-competitive and ultimately fail. In time, they are replaced by new companies which are far more efficient and adapted to the competitive environment, but that process cannot occur without the destruction of the old, unprofitable organizations. This process of "creative destruction" can cause social and political reactions, some of which may prolong the transition and make it more difficult for everyone.
By turning your inventory!
The turning points of the cycle are called the peak, which is at the end of the expansion phase, and the trough, which is at the end of the contraction phase.
no
the turning of primary agricultural products into other commodities for market.
No, desertification is turning productive land into desert.
No, desertification is the process of turning productive land into desert.
Turning Point - 2000 The Fall of the American Economy was released on: USA: 19 September 2010
John J. Holtzapffel has written: 'The principles and practice of ornamental or complex turning' -- subject(s): Industrial arts, Turning, Turning (Lathe work) 'Hand or simple turning' -- subject(s): Turning
a state-run economy
ww2 , ww1, neolithic revolution ,and industrial revolution....... these turning points changed history drastically
turning the rich agricultural land of northern china into pasture land
The term cash crops refers to an agricultural crop that is grown with the intent of turning a profit.
The result of stopping or turning a vehicle to quickly.
Mass Production.