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Because of this, industrialization could not feed solely on enthusiasm and demanded a series of compulsory measures. [43] [53] Since October 1930, the free movement of labor was prohibited and criminal penalties were imposed for violations of labor discipline and negligence. Since 1931, workers had become responsible for damage to equipment. [43]
The economy of Russia is much more stable today than in the early 1990s, but inflation still remains an issue. Historically and currently, the Russian economy has differed sharply from major developed economies because of its weak legal system, underdevelopment of modern economic activities, technological backwardness, and lower living standards.
Because of the success made by the first plan, Stalin did not hesitate with going ahead with the second five-year plan in 1932, although the official start date for the plan was 1933. The second five-year plan gave heavy industry top priority, putting the Soviet Union not far behind Germany as one of the major steel-producing countries of the ...
This economic transition has been described as katastroika, [4] which is a combination of catastrophe and the term perestroika, and as "the most cataclysmic peacetime economic collapse of an industrial country in history". [5] A few strategic assets, including much of the Russian defense industry, were not privatized during the 1990s. The mass ...
Unemployment had been a problem in late Imperial Russia and even under the NEP, but it ceased being a major factor after the implementation of Stalin's massive industrialization program. The sharp mobilization of resources used in order to industrialize the heretofore agrarian society created a massive need for labor; unemployment virtually ...
Magnitogorsk, the largest of the rapid industrialized areas of Russia, was founded in 1743, but became more prevalent in the early 1930s by Stalin. His plan was to make it a one-industry town. The city would become the largest steel producer in Russia and was meant to rival production that was being seen in the U.S. at the same time.
Still, not all of Russia’s arguments are unreasonable. “There are some concerns on the Russian side that are legitimate,” Steven Pifer, a former U.S. ambassador to Ukraine, told me.
Industrialization in the Russian Empire saw the development of an industrial economy, whereby labor productivity increased and the demand for industrial goods was partially provided from within the empire. Industrialization in the Russian Empire was a reaction to the industrialization process in Western European countries.