Soviet economy

GPTKB entity

Statements (61)
Predicate Object
gptkbp:instanceOf economic system
gptkbp:built inefficiency
corruption
shortages
gptkbp:characterizedBy central planning
state ownership of means of production
gptkbp:developedBy gptkb:Soviet_Union
gptkbp:focusesOn heavy industry
https://www.w3.org/2000/01/rdf-schema#label Soviet economy
gptkbp:includes agriculture
services
industry
state farms
collective farms
gptkbp:influencedBy Marxism-Leninism
gptkbp:isChallengedBy gptkb:dissolution_of_the_Soviet_Union
gptkb:Cold_War
global oil prices
economic sanctions
glasnost
perestroika
gptkbp:isCharacterizedBy urbanization
labor shortages
subsidies
state propaganda
price controls
bureaucratic inefficiency
military-industrial complex
trade restrictions
extensive social welfare programs
high military spending
limited foreign trade
monopolistic enterprises
state-controlled prices
state monopoly on foreign trade
limited consumer choice
state-controlled banking system
high levels of investment in science and technology
labor unions controlled by the state
lack of entrepreneurship
planned production quotas
gptkbp:isCriticizedFor environmental degradation
inequality
lack of consumer goods
poor quality of products
gptkbp:isDedicatedTo oil exports
gptkbp:isInfluencedBy gptkb:World_War_II
Stalin's_policies
Khrushchev's_reforms
Brezhnev's_stagnation
gptkbp:isSuitableFor 1991
gptkbp:operates Five-Year Plans
gptkbp:provides free education
free healthcare
gptkbp:transferFee market economy in 1991
gptkbp:utilizes gptkb:Gosplan
gptkbp:wasEstablishedIn 1922
gptkbp:wasPartOf planned economy
gptkbp:wasSupportedBy natural resources
state planning agencies
foreign aid during early years