Economy, asked by anamikaku2655, 1 year ago

What was the contribution of stalin to rise up the economic system of russia?

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Answered by angelsonali597
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stalinist industrialization was officially designed to accelerate the development towards communism, stressing the need for such rapid industrialization on the grounds that the Soviet Union was previously economically backward in comparison with other countries and asserting that socialist society needed industry in order to face the challenges posed by internal and external enemies of communism. Rapid industrialization was accompanied by mass collectivization of agriculture and by rapid urbanization. Rapid urbanization converted many small villages into industrial cities. To accelerate the development of industrialization, Stalin imported materials, ideas, expertise and workers from Western Europe and from the United States and pragmatically set up joint-venture contracts with major American private enterprises, such as the Ford Motor Company, which under state supervision assisted in developing the basis of the industry of the Soviet economy from the late 1920s to the 1930s. After the American private enterprises had completed their tasks, Soviet state enterprises took over.

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