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AP World History: Modern
Unit 7 – Global Conflicts (1900-Present)
Topic 7.4
How did Soviet Russia's Five-Year Plans differ economically from US policies during the Great Depression?
Soviet Russia sought international aid while America focused on internal economic reforms.
Both pursued laissez-faire economics with minimal government interference in business affairs.
Both implemented socialist principles and centralized planning for resource allocation and distribution.
The Five-Year Plans represented central planning and command economy whereas US policies promoted recovery through government-regulated capitalism under New Deal programs.
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AP World History: Modern - 7.4 Economy in the Interwar Period
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Great Depression
Soviet Russia's Five-Year Plans
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Cram Mode
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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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