What Strategies Were Used by Leaders of the Soviet Union

question 60

Essay

What strategies were used by leaders of the Soviet Union and the People's Republic of China as they sought to build Communist societies in their countries? In what ways were the strategies different, and in what ways were they similar? To what degree were they successful? How has the Chinese Communist Party, to date, been able to retain power while that of the Soviet Union lost control of the state apparatus? Show why.

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Definitions:

Government Spending

The total amount of money spent by the government on various services, infrastructure projects, and welfare programs.

Marginal Propensity

A measure of how much an individual's or household's consumption changes when their income changes by one unit.

Multiplier

In economics, it refers to the factor by which gains in total output are greater than the change in spending that caused it, often associated with fiscal policy.

Interest-earning Assets

Assets owned by a person or corporation that generate interest income.