Stalin's Rule (aug 18, 1925 – jan 27, 1953)
Description:
o goal – turn USSR from an agricultural to an industrialized nation
o abolished Lenin's NEP and its experiment with capitalism
o instituted Five Year Plans –
-economic planning – government makes production and distribution decisions
-creating a centrally-planned command economy
o collectivization –
-meant to increase food supply and create capital for investment in heavy industry
-individual farms abolished
-peasants forced to join together and farm state-owned land
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