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successes & failures of the GDR economy - Coggle Diagram
successes & failures of the GDR economy
Successes
1 FYP - Increase in
ignite, electricity, iron & cement
Nationalisation in industry
Production co-operatives
-
1/3 craft workers
under state control by 1960
→
6% in 1958
HENNECKE used as propaganda
→ increased daily output of coal by
400%
2nd FYP - increased
consumer goods
Junker landowners
forfeit land - redistributed power to people
→ was an ambitious plan
Failures
no access to
coal / steel
from Ruhr
25% industrial goods
taken as reparations
lost valuable labour through migration
coal & steel produ. less than 5YP
lack of consumer goods made during 1 5yp
insufficient investment in modern tech
→ slowed down poduc.
agriculture
prod. suffered
→ lack of machinery, livestock & farming experience
falling
crop yields
→1960-61 fell by
30%
→food rationing