Billy Duffy

History

8 August, 15:15

The Soviet economy

a. became consumer-driven, thus eliminating black-market activity.

b. grew rapidly in the heavy industry sector during the late 1940s and the early 1950s.

c. obtained capital for expansion from overseas governments and investors.

d. was, unlike the capitalist economies, devoted to raising the living standards of the poorest workers, the "toiling masses."

e. was overseen from Gosplan headquarters in the Lyubyanka building in Kharkiv.