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Industrialization(And Rural Development in China)



      The main goal of the Soviet Union were rapid
    industrialization, economic growth, and military
strength. The industry achieved more goals throughout
the extensive investments in heavy industry for example
  steel, chemicals, and machine tools. The emphasis in
               China was also on rural areas.



                      Antonecia Young 1st Hour
Overcommitment Of Resources

 In both Soviet Union and China in there effort to increase
    GDP. Both countries often overcome their economy’s
available resources. The consumers goods are often suffered,
  since planning priorities emphasized heavy industry, rural
               development, and the military.
Mobilization of Resources

    Both Soviet Union and China at first both achieved some
measure of industrialization and the economic growth through
  the mobilization of labour, capital, and raw materials. In the
early years of planning there was a substantial surplus labour in
    agriculture, which the planners reallocated to industrials
     production. Economic growth was achieved mainly by
 increasing inputs rather than by using fixed amounts of input
                       more productively.

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Young 1st group#1

  • 1. Industrialization(And Rural Development in China) The main goal of the Soviet Union were rapid industrialization, economic growth, and military strength. The industry achieved more goals throughout the extensive investments in heavy industry for example steel, chemicals, and machine tools. The emphasis in China was also on rural areas. Antonecia Young 1st Hour
  • 2. Overcommitment Of Resources In both Soviet Union and China in there effort to increase GDP. Both countries often overcome their economy’s available resources. The consumers goods are often suffered, since planning priorities emphasized heavy industry, rural development, and the military.
  • 3. Mobilization of Resources Both Soviet Union and China at first both achieved some measure of industrialization and the economic growth through the mobilization of labour, capital, and raw materials. In the early years of planning there was a substantial surplus labour in agriculture, which the planners reallocated to industrials production. Economic growth was achieved mainly by increasing inputs rather than by using fixed amounts of input more productively.