Soviet Economy 1917-1945: Journey of a Country from Total Rout to Grand Victory

Contents: 1. Preamble. 2. Formative state. 3. Restoration phase. 4. Dawn of the planning era (1927-28). 5. The first five year plan. 6. The second five year plan. 7. The third five year plan and the war. Comments.

The plight of Generals and their troops on the frontline ultimately rests with their country’s economy. Wars are won on the strength of the motherland’s material and human resources.

The Soviet Union disintegrated in the year 1991 after surviving for 74 years (1917-1991). The first 24 years since its formation were crucial for establishing and consolidating the soviet economic, utilising novel features that plays the Soviet Union more or less at par with the developed countries of Europe and prepared it to successfully fight the German invasion of 1941. Soviet Economy covers this period (1917-1945) of the nation-building and the second world war victory. 

How did a group of constituent nations-all independent sovereign nations-today become an economically enabled militaristic superpower within this 28 years epochal period in the history of the entire Soviet Union? What strategies were employed to achieve so much so quickly? What lessons can complex, emerging economies learn from this piece of soviet history?