Stalin's Economic Policies

In: Historical Events

Submitted By jakecowley
Words 1271
Pages 6
Jake Cowley
L6 IB History
Assess the successes and failures of Stalin’s Economic Policy

After Stalin had become the sole leader of the Soviet Union in 1929, he saw the need to introduce two new major economic policies, collectivization, and a series of five year plans. Both of these new economic plans were designed to boost Russia’s agriculture and industrialization within a short period of time, to catch up with the world leading powers, which were essentially Britain and the United States at the time. Stalin strongly believed that it was necessary to go to any lengths, which would soon include killing off thousands of peasants, to reverse the backwards economy of the time, to eventually overtake that of other countries. As the economy of Russia at the time, was in quite a terrible state. He believed he could do this by heavily focusing on agriculture and industry, to prepare Russia for a new age. Stalin’s new economic policies would soon prove to be a mix of successes and failures for both the economy and the people of Russia, each to different extents. Stalin’s first economic policy of the 1930’s was collectivization. This was the joining of private plots which had been previously divided amongst the peasants by the Tsar, in order to increase the amount of output production altogether. Although this might have seemed like a good idea to Stalin at the time, this economic policy proved to have more failures than successes. The collectivization of grain meant that the state was now in charge of how much you produce, how much it can be sold for, and how much of it you are actually allowed to keep to feed yourself. Although the image of collectivization was meant to eventually help the peasant population of Russia, behind the curtains, collectivization actually had more of a negative impact, for almost everyone. 4.5 million Peasants died due to famine…...

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