1. Both the Soviet Union and China relied their planning
from the central government. The main goals of both
these countries were industrialization, economic growth,
and military strength. For these countries to try to
increase GDP, both the Soviet union and China often
over committed their economy’s available resources.
2. Examples:
They met these goals through investment
in the investment in heavy industry and the
military.
Small-scale industries were scattered
throughout the rural areas of China.
Production of consumer goods often
suffered, since planning priorities
emphasized heavy industry, rural
development, and the military.
3. My Perspective!
In my opinion China and The Soviet
Union shouldn’t over commit their
economy’s available resources because
their economy would drop extremely low
and they wouldn’t be able to meet every
planning target. Their planning priorities
should be more than just heavy industry,
rural development, and the military.