How did the communist system of government reduce the impact of the Great Depression in the Soviet Union?

A. The Soviet Union invested in the Russian stock market instead of the American stock market.

B. The Soviet Union built close ties with China, a communist country with a strong economy.

C. The Soviet government reduced unemployment by determining where all citizens would work.

D. The Soviet government greatly reduced government, keeping its savings levels high.

Question

History

Gideon Rowland

29 September, 05:23

How did the communist system of government reduce the impact of the Great Depression in the Soviet Union?

A. The Soviet Union invested in the Russian stock market instead of the American stock market.

B. The Soviet Union built close ties with China, a communist country with a strong economy.

C. The Soviet government reduced unemployment by determining where all citizens would work.

D. The Soviet government greatly reduced government, keeping its savings levels high.

+3

Answers (2)

Know the Answer?

Conor Kaiser · Answer 1

C. The Soviet government reduced unemployment by determining where all citizens would work.

Shyann Carroll · Answer 2

The correct option is C

While the economic and industrial collapse of the capitalist countries broke levels never before seen, the Soviet economic strength reached remarkable achievements. The planning and socialization of the economy, together with a considerable isolation at the international level of the country, avoided the nation's own evils of crises such as unemployment, falling prices and overproduction. During the years that coincide with the Great Depression in the West, the Union increased its capital investments and managed to multiply its production and working population. Thus, its annual growth was around 13-14%, tripling and quadrupling the growth that the United States and Western Europe had achieved in the years of prosperity of the 1920s.