how did russia mobalize the capital needs for industialization?
Answers
Answer:
The soviet government saw the need for a strong industrial economy in order to compete in war (rising importance of aircraft, extremely heavy battleships, army tanks and artillery, personal weapons, trucks and industrial farming to feed armies) and determined to convert Russia from a feudal agricultural economy into an ...
Explanation:
Industrialization in the Soviet Union was a process of accelerated building-up of the industrial potential of the Soviet Union to reduce the economy's lag behind the developed capitalist states, which was carried out from May 1929 to June 1941.
The official task of industrialization was the transformation of the Soviet Union from a predominantly agrarian state into a leading industrial one. The beginning of socialist industrialization as an integral part of the "triple task of a radical reorganization of society" (industrialization, economic centralization, collectivization of agriculture and a cultural revolution) was laid down by the first five-year plan for the development of the national economy lasting from 1928 until 1932.