WW2- Economic Impacts Flashcards
What was damaged by Stalin’s scorched earth policy?
-damage to factories, production plants, mines, dams, roads, bridges and railways.
What was the damage caused by the scorched earth policy exhasberated by?
-relocation of industrial enterprises to Urals, Volga basin and central Asia.
-not effective places of production.
What actions of factories also caused further economic impacts?
-going back to original function
-expensive!!
What did Russia’s reconstruction programme center around?
-5 year plans
What was the issue with the 5 year plans? (1)
-neglected consumer goods.
Why were the 5 year plans completed way ahead of schedual?
- free labour- 4m prisioners of war
- unilateral trade agreements that only benefitted Russia
- External financial aid
- excessive productivity of Russian people
Who did Russia recieve external financial aid from?
-UN, USA, Britan and Sweden.
What were the main weaknesses in Stalin post-war economic strategy?
-gargantuan projects- capital into schemes with little output
-suffering agriculture, collective farm collapse, heavy tax on private land
What did the agricultural issues cause?
Famine in 1947.
