USA HISTORY

Collectivization of Natural and Economic resources is typical of

(A) ** Communism

(B) Capitalism

(C) Facism

(D) Republicanism

Concept note-1: -collectivization, policy adopted by the Soviet government, pursued most intensively between 1929 and 1933, to transform traditional agriculture in the Soviet Union and to reduce the economic power of the kulaks (prosperous peasants).

Concept note-2: -The Communist regime believed that collectivization would improve agricultural productivity and would produce grain reserves sufficiently large to feed the growing urban labor force. The anticipated surplus was to pay for industrialization.

Concept note-3: -collectivization | Intermediate English the organization of all of a country’s production and industry into government ownership and management.

Concept note-4: -In 1928 Stalin introduced an economic policy based on a cycle of Five-Year Plans. The First Five-Year Plan called for the collectivization of agriculture and the expansion of heavy industry, like fuel extraction, energy generation, and steel production.