Question

What was central planning in russia what was its effects ?

Answer 1

student-name Prateek answered this 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. New factories were established. However, this rapid construction led to poor working conditions.