The economic policies of Stalin

Question

Quizplus · Accepted Answer

Stalin's economic policies emphasized the development of heavy industry and the production of modern weapons and space vehicles. This was known as the policy of industrialization, which aimed to modernize and expand Soviet industry to compete with the industrial powers of the West. Stalin believed that heavy industry was necessary for national defense and the successful construction of socialism in the Soviet Union. As a result, resources were directed towards heavy industry at the expense of consumer goods and agriculture, leading to shortages and famine in some areas.

The Economic Policies of Stalin