The Depths of Crisis, January–March 1933

Robert Davies

Chapter Chapter Fourteen in Crisis and Progress in the Soviet Economy, 1931–1933, 1996, pp 362-379 from Palgrave Macmillan

Abstract: Abstract In the first few months of 1933, the Soviet economy plunged into its deepest crisis since the civil war. Widespread famine in the countryside grew in intensity. Industry entered a new phase of crisis. In the previous two years production had declined in January and February, following the spurt at the end of the previous year. But in 1933 the decline was much greater, and in January and February production was nearly 5 per cent lower than in the same months of 1932.1

Keywords: Capital Investment; Heavy Industry; Technical Project; Piece Rate; Soviet Economy (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05935-5_14

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DOI: 10.1007/978-1-349-05935-5_14

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