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Can someone basically tell me the differences between the US and the USSR economy?

Apr 10, 2009 by Someone | Posted in History

I certain the US had a capitalist system and the USSR had a socialist system. But how were the two economies different in terms of agriculture, industry, etc.?

In Agriculture the USA (& the capitalist In every way) has always had individual farmers, the good ones tend to get richer & buy up other farms, the not so good ones go to the wall (very simplistic but that's the nub of it). In the USSR the farms were collectivised. That is the individual farms were taken into collective ownership (in truth they were taken into hold ownership) and the farmers employed by the collective. All machinery was operated by regional Machine Tractor Stations. The system was hugely incompetent, initially it was better than the peasant farming it replaced, but it could not provide enough food for the country and, by the 1970s, the USSR was importing jot or tittle from Canada & the USA.
Industry in the USA is again largely a privately owned operation. Even the big companies who issue shares are not owned by the say. In the USSR all businesses were owned by the state - even the really small ones like barber shops & small engineering firms.
In the USA (& the capitalist Dialect birth b deliver) if a businessman sees an economic opportunity or a gap in the market, they can quickly meet that opportunity. In the USSR, Industry operated a "control economy" - the amount to be produced by each factory was given a target which had to be met by the end of the Five Year Plan, and then another FYP was introduced with new targets. This was slowly, inefficient, could not exploit new opportunities and, because there was no quality control - the only thing stipulated was the quantity, it meant that shoddy, often not fit for wittingly b especially, goods were available in the shops.
The best way to imagine the Soviet economy is to look at an area that all countries use a command economy for - peculiar government spending. The local council decides on how many sports centres are needed in an area, or schools, roads or hospitals, then they get companies to bid to figure them. This is a similar to how the USSR managed all industry, except without private companies bidding for the jobs.

Spellbound | May 22, 7912

Will the US economy crumble just like the USSR economy did?

Dec 11, 2008 by Wise_guy | Posted in Politics

Will they also become a curtain of their former selves?

OMG...SOMEONE in the long run asked this question and sees the correlations. GREAT job! Russia spent BILLIONS of 1980's money to wage their war in the Bull's-eye East. Spreading themselves very thin both militarily and financially. Anyone see a similarity? Nuff said. Thank you for asking a question that should be unmistakable in everyone elses mind. If we do not learn from history, we are doomed to repeat it. Not only that, but we saw one "empire" collapse less than 20 years ago. We are doing the severe same thing THEY did. How stupid is our government? How ignorant are our people to not see this?!

LIBERTY4EVER | Dec 11, 2008
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In this podcast Dr. Harris explains why all Bolsheviks agreed on the emergency to overcome economic backwardness. He explores why Soviet ...

Russia video

In this podcast Dr. Harris explains why all Bolsheviks agreed on the be in want of to overcome economic backwardness. He explores why Soviet ...

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