Which of the following economic changes did the Soviet Union make to Russia?
The Soviet Union made several economic changes to Russia during its existence. Some of the significant economic changes include:
1. Command Economy: The Soviet Union implemented a command economy, where the state owned and controlled all means of production. Private ownership of businesses was abolished, and economic planning was centralized under the state.
2. Five-Year Plans: The Soviet Union introduced a series of five-year plans to promote rapid industrialization and increase production. Industrial targets were set, and resources were allocated accordingly to meet those targets. This led to the development of heavy industries such as steel, coal, and machinery.
3. Collectivization of Agriculture: The Soviet Union initiated the collectivization of agriculture, where individual farms were combined into large collective or state farms. This aimed to consolidate land and resources, improve efficiency, and increase agricultural output. However, it resulted in forced collectivization, widespread resistance, and famine in some regions.
4. Central Planning: The Soviet Union had a centrally planned economy, with the government designating production targets for various sectors and enterprises. The state decided what to produce, how much to produce, and at what price goods and services would be sold. Central planning aimed to prioritize industrial growth and focus on heavy industry rather than consumer goods.
5. State Ownership and Control: The Soviet Union nationalized industries, banks, and resources, bringing them under state control. This included industries such as energy, transportation, communication, and defense. State ownership aimed to ensure strategic control, promote central planning, and maintain social equality.
Overall, the Soviet Union transformed Russia into a state-controlled planned economy, with significant focus on heavy industry and agriculture through policies such as collectivization and central planning.