Flashcards in Industrial Modernisation, 1953-64 Deck (13):
How did military spending fluctuate over time?
- 1955: 12.1% of GDP
- 1958: 9.1 % of GDP
- 1964: 11% of GDP
When was the Seven Year Plan launched?
What were the idea of the Seven Year Plan?
Increase investment in light industry to have a knock on effect on agricultural and consumer good production. This would in turn raise the standard of living
When did Khrushchev say the USSR would overtake the USA by?
When did Khrushchev aim to install complete Communism by?
Why was Khrushchev optimistic when he introduced the Seven Year Plan?
- The Virgin Lands Scheme appeared to be a success
- Continuing high rates of economic growth
- The USSR’s domination of the space race
How much did production of consumer goods increase under the Seven Year Plan?
60%, although they had been aiming for 65%
How much did fertiliser production increase by under the Seven Year Plan?
19 million tons, although they had been aiming for 22.5 million tons
When did Khrushchev introduce the sovnarkhoz? What were they?
1957. They were the 105 regional planning agencies that were instated by dismantling Gosplan.
Why were the sovnarkhoz problematic?
- They destroyed the central plan for the Seven Year Plan
- The sovnarkhoz weren’t given enough information on the factories they were expected to manage
How did Khrushchev further confuse the sovnarkhoz system in 1958?
He began recentralising some responsibilities but this just led to confusion as to who was responsible for what.
How was the economy Khrushchev inherited not prepared for the Seven Year Plan?
It was used to meeting targets by cutting quality or making the heaviest possible product. For example, steel factories made thick sheets which weighed more when light industry required thin sheet steel.