Soviet economy by late 1920s

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9 Terms

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Factory output

Up 200% from 1920 to 1923

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Industrial production

Recovered to 1913 levels by 1926

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Trade

Retail trade, mostly handled by NEPmen

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Post Civil War

Rapid recovery from Civil War and War Communism

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Threats

  • USSR is isolated, surrounded by Capitalist countries

  • Threats to his rule within the party, Bukharin, Rykov and Tomsky

  • Peasants withholding grain (War Communism 1920-21, and the 1923 Scissors Crisis)

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Weaknesses in ideology

  • Ideologically problematic, NEPmen and Kulaks are not communist

  • Unpopular within the party

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Unemployment

16% unemployed in cities for all 1920s, “New Exploitation of the Proletariat”

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Working class

Only 20% of the population are workers in 1928

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Stalin’s goals

  • Socialism in One Country

  • Catch up with the west (Germany, UK and US)

  • Increase % of urban workers

  • Full employment

  • Eliminate NEPmen and Kulaks

  • Modernise agriculture

  • Large scale industrialisation