WORLD HISTORY

HISTORY

THE WORLD BETWEEN THE WARS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the best example of a command economy?
A
the New Deal in the United States
B
Stalin’s five-year plans in the Soviet Union
C
the Italian economy under Mussolini
D
the influence of the zaibatsu in Japan
Explanation: 

Detailed explanation-1: -The first five-year plan (Russian: I , ) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, created by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country.

Detailed explanation-2: -In the Soviet Union the first Five-Year Plan (1928–32), implemented by Joseph Stalin, concentrated on developing heavy industry and collectivizing agriculture, at the cost of a drastic fall in consumer goods.

Detailed explanation-3: -Command Economy: Collectivization Stalin’s government also controlled the agricultural economy. The Five Year Plans used a policy called forced collectivization which was intended to increase agricultural output from large government-owned farms created through the integration of smaller private farms.

Detailed explanation-4: -The primary goal of the plan was to turn the Soviet Union from a mostly agricultural into an industrialized country. The secondary goal was collectivization of agriculture which was supposed to aid in industrialization. One of the reasons for the plan’s launch in 1928 was the grain shortage of 1927-1928.

Detailed explanation-5: -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.

There is 1 question to complete.