Soviet Command Economy: Stalinist Five-Year Plans & Rapid Industrialization and Collectivization. Economic Policy of USSR. “ War Communism ” (1918 – 1921) New Economic Policy (NEP) (1921-1928) Five-year plans (Piatiletki) (1929-1995) Perestroyka (1987-1991).
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Soviet Command Economy: Stalinist Five-Year Plans & Rapid Industrialization and Collectivization
Result: Industrial prices were three times higher, relative to agricultural prices, than they had been before the war.
Five-year plans (Piatiletka)
Two extraordinary goals:
… without regard to cost.
Result: Collective farms failed to meet procurement quotas