Short note on Stalin’s Attempt to Improve the Soviet Economy

Short note on Stalin’s Attempt to Improve the Soviet Economy

When Stalin comes to power, Soviet economy was plagued by many problems. He under look many steps to revitalise the economy.

Among them were:

(i) Industrialisation was carried out through a planned process and in 1929 Russia adopted the first series of Five Year Pl

(ii) Heavy industries were given priority over consumer goods.

(iii) Life was hard for the workers, they lived in primitive conditions.

(iv) In agriculture, collective forms were introduced which were worked by government owned machinery and animals. Income was divided according to their work and capacity. Thousands of wealthy peasants were executed when they withheld their farms from collectivisation. Many were exiled or imprisoned. Under forced collectivisation, food grain production dropped. Famine broke out in many parts of the country. Many farmers died of starvation.