Why Was The Command Economy Of The Soviet Union
The economy of the Soviet Union was based on a system of state ownership of the means of production, collective farming, industrial manufacturing and centralized administrative planning. Starting in 1924, with Stalin rising to power, the period of the centralized economy made the central government of Russia formulate all economic decisions. The command economy was one of the key features of the Soviet society, however, it came with benefits and setbacks. For example, an advantage would be low levels of employment and a disadvantage would be lack of competition. A major strength was an enormous supply of oil and gas.The Communist Party legitimized its control claiming it had the knowledge to rival any Western market economy, however, the Soviet