Soviet Command Economy and Five-Year Plans

Source: Soviet Union - Command Economy, Five-Year Plans, Collectivization (2025-06-27)

The Soviet Union operated under a command economy characterized by centralized control and planning. Key initiatives included the implementation of Five-Year Plans aimed at rapid industrialization and economic development. Collectivization of agriculture was also a major policy, transforming individual farms into large collective farms to boost productivity and support the state's economic goals.

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