The economy used by the Soviet Union was a command economy which means that the government controlled all aspects of the economy.
What were the extremely different economic and political belief systems between the US and Soviet Union during the Cold War?
During the Cold War, the United States was based upon capitalism and democracy while the Soviet Union was based upon communism and dictatorship.
What caused the tension between the Soviet Union and the United States after the war?
After the war, both countries had different views on how they thought the world should be. This increased tensions between the two countries. The Soviet Union began to try to spread communism throughout Europe, starting at Greece and Turkey. The U.S. tried to contain the spread of communism.
What was the economic system of the Soviet Union?
The Soviet economic system has been the subject of such bitter controversy that we must try to look at it today as calmly as we can if we want to get a fairly accurate picture. Russia is not, and has not been in the past quarter century, the economic and social utopia pictured by some pro-Soviet writers in the United States.
What was the relationship between the United States and the Soviet Union?
Relations between the Soviet Union and the United States were driven by a complex interplay of ideological, political, and economic factors, which led to shifts between cautious cooperation and often bitter superpower rivalry over the years.
What was the problem of the Soviet Union?
The new communist government of the Soviet Union faced alarming problems, such as extending practical control beyond the major cities, combatting counter-revolution and opposing political parties, coping with the continuing war and setting up a new economic and political system.
What was the planning process in the Soviet Union?
The planning process was based around material balances —balancing economic inputs with planned output targets for the planning period. From 1930 until the late 1950s, the range of mathematics used to assist economic decision-making was, for ideological reasons, extremely restricted.
