Central Planning Of The Soviet Union

785 Words Sep 28th, 2014 4 Pages
Central Planning
Central planning occurs when the state controls every aspect of economic production, consumption, investment, and decision. Central planning ensured that the communist party remained in total control of the economy. With the central planning system, leaders could effectively and rapidly organize resources in times of need (i.e., Nazi invasion). The historical efforts to establish a central planning economic system have led to many issues, one of the primary concerns being, Russia’s transition to a market economy. Today, prices are still fixed for certain goods and services by the Russian government.

Glasnost
Glasnost was the concept of openness that was introduced by Mikhail Gorbachev when he was elected as the Soviet Union General Secretary of the Soviet Union. This concept had a significant effect on Soviet Union during the late 1980’s and early 1990’s. In employing glasnost, Gorbachev attempted to rid the Soviet Union of the lies that had been established as a result of The Leninist system that was previously in place. Ultimately, he wanted to bring transparency to the Soviet Government. Additionally, Gorbachev wanted to enable greater freedom in areas such as media, individual ideology, and religion.

New Economic Policy (NEP)
New Economic Policy is a term that traces back to the letter, which Lenin received from an acquaintance named, Nikolai Rozhkov. The goal of NEP was to replace the failing economic approach known as War Communism. It was also…

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