Eastern Bloc economy

GPTKB entity

Properties (57)
Predicate Object
gptkbp:instanceOf economic system
gptkbp:built inefficiency
shortages of goods
gptkbp:characterizedBy central planning
https://www.w3.org/2000/01/rdf-schema#label Eastern Bloc economy
gptkbp:includes social welfare programs
collectivization
planned economy
subsidized prices
agricultural collectivization
state ownership of means of production
trade agreements among member states
limited consumer choice
heavy industry focus
state planning commissions
gptkbp:influencedBy gptkb:Soviet_Union
gptkbp:isChallengedBy gptkb:dissolution_of_the_Soviet_Union
gptkb:Cold_War
demographic changes
global economic trends
social unrest
economic stagnation
international sanctions
rising inflation
technological lag
rising unemployment
political changes in 1989
Western economic competition
dissatisfaction of citizens
economic_reforms_in_China
gptkbp:isCharacterizedBy labor shortages
state-controlled media
price controls
state monopolies
state intervention
low productivity
bureaucratic management
inequitable distribution of wealth
low foreign investment
gptkbp:isCriticizedFor environmental degradation
lack of innovation
lack of consumer goods
poor quality of products
gptkbp:isDedicatedTo natural resources
agricultural exports
economic liberalization
foreign trade
privatization efforts
Soviet_economic_aid
economic_integration_with_the_West
gptkbp:isInfluencedBy international economic organizations
Marxist-Leninist_ideology
Cuban_economic_model
Eastern_European_political_movements
gptkbp:transferFee market economy in 1990s
gptkbp:wasSupportedBy gptkb:COMECON
state propaganda