During the late 1940s and early 1950s, the Soviet economy experienced rapid growth in the heavy industry sector, with a focus on achieving economic self-sufficiency and military expansion. This was fueled by forced labor and strict government control, rather than consumer demand.

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The Soviet Economy

Question 16

Multiple Choice

The Soviet economy

A) grew rapidly in the heavy industry sector during the late 1940s and the early 1950s.
B) was, unlike the capitalist economies, devoted to raising the living standards of the poorest workers, the "toiling masses."
C) obtained capital for expansion from overseas governments and investors.
D) was overseen from Gosplan headquarters in the Lyubyanka building in Kharkov.
E) became consumer driven, thus eliminating black-market activity.

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