History - Why did the Communists believe that Industrialisation was important?

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Why did the Communists believe that Industrialisation was an important priority for the USSR?

"We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or we shall be crushed." Stalin, February 1931

1917

  •  By 1914, Russia had an economic base but could not compete with rivals in Europe.
  • Governments of Tsarist Russia thought industry should be expanded to strengthen the country and ensure national security.
  • Industrial investment was encouraged to supply the armed forces and maintain railways.
  • Privately owned industry was aided by duties on foreign imports (to reduce competition).
  • The majority of agricultural and industrial production was privately owned.
  • Supply and demand dictated production.
  • Before WWI, Industrial production was increasing more rapidly than agricultural production.
  • Agriculture provided 75% of employment and 50% of the national income in Russia.
  • DANGER - The economy was dependant on government support ad foreign investment

          - Development was uneven (e.g. in 1913 cotton textiles employment

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