Economy, asked by mmorris8910, 1 year ago

Do you think centralised planning led to economic growth in russia

Answers

Answered by hardikrakholiya21
3

Explanation:

➡️ By 2016, the Russian economy rebounded with 0.3% GDP growth and is officially out of the recession. The growth continued in 2017, with an increase of 1.5%. In January 2016, the US company Bloomberg rated Russia's economy as the 12th most innovative in the world, up from 14th in January 2015 and 18th in January 2014.

Answered by Human100
0

Answer:

Since the economy of Russia was suffering due to civil war, a process of centralized planning was introduced. There were targets set for five years assessing how the economy may work. These five year plans did boost up the economy. Industrial production increased between 1929 and 1933.

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