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Soviet Union-A road to nowhere?

Soviet Union Essay Question
“The Soviet experience was 70 years on the road to nowhere” is a statement that I think is completely true. Russia's 146 million people suffered one of the most dysfunctional political economies in history.
Under the Soviet system, Gosplan, the Soviet economic planning agency, decided what and how much to produce throughout the Soviet Union, and its decisions were distributed in rigid "five-year plans." Gosplan ignored consumers' preferences; it relied on production quotas, rather than profitability, to measure success. Salaries were made for different occupations; therefore...

Posted by: Rainey Day

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