5.3.1

Economic Recovery

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Post-War Recovery

The USSR had been damaged by WW2. The Fourth Five-year plan was aimed to rebuild the Soviet economy.

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Impact of WW2

  • The Soviet Union lost 25 million people.
  • 70% of the USSR’s industries were destroyed.
  • 60% of the USSR’s transport facilities were destroyed.
  • 1,700 cities were destroyed.
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Fourth five year plan

  • In 1946, Stalin announced his new five year plan.
  • The fourth five year plan focussed on heavy industry and technology.
    • E.g. Ukraine’s output in 1950 surpassed its pre-war levels.
  • This five-year plan was interpreted by the West as a sign that the USSR did not want peace.
  • In response, Kennan wrote his ‘Long Telegram’.
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Reparations

  • The USSR rebuilt its economy using reparations from Germany.
  • E.g. the Soviet Union took control of 3,500 German factories.
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COMECON

  • In 1949, COMECON was established. This was designed to unite the Eastern Bloc economically.

Jump to other topics

1The Leadership Struggle, 1924-1929

2Five Year Plans & Collectivisation

3Purges, Show Trials & The Cult of Stalin

4Life in the Soviet Union, 1924-1941

5The Second World War, 1941-1953

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