How Did Soviet Farmers React to the First of the Five-Year

question 58

Multiple Choice

How did Soviet farmers react to the first of the Five-Year Plans?

• A)They resisted strongly and destroyed their crops.
• B)They resisted weakly and then succumbed to government pressures.
• C)They supported the program out of economic self-interest.
• D)They left the agricultural regions and moved to cities.
• E)They wholeheartedly supported the measure and worked according to the political directives.

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Definitions:

Velocity of Money

The rate at which money circulates in the economy, indicating the number of times a unit of currency is used to purchase goods and services within a given timeframe.

Inflation Rate

The rate of increase in the average price of goods and services, leading to a decrease in the value of money.

Money Supply

The sum of all financial assets, including cash, coins, and bank account balances, present in an economy at any given moment.

Real Output

The quantity of goods and services produced in an economy, adjusted for inflation to reflect true productivity and economic performance.