Economy of the Soviet UnionThe economy of the Soviet Union was based on public ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment and prices, a dependence on natural resources, lack of consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, low unemployment and high job security.
De-StalinizationDe-Stalinization (десталинизация) comprised a series of political reforms in the Soviet Union after the death of long-time leader Joseph Stalin in 1953, and the thaw brought about by ascension of Nikita Khrushchev to power, and his 1956 secret speech "On the Cult of Personality and Its Consequences", which denounced Stalin's cult of personality and the Stalinist political system. Monuments to Stalin were removed, his name was removed from places, buildings, and the state anthem, and his body was removed from the Lenin Mausoleum (from 1953 to 1961 known as Lenin and Stalin Mausoleum) and buried.
Western BlocThe Western Bloc, also known as the Capitalist Bloc, is an informal, collective term for countries that were officially allied with the United States during the Cold War of 1947–1991. While the NATO member states, in Western Europe and Northern America, were pivotal to the bloc, it included many other countries, in the broader Asia-Pacific region, the Middle East, Latin America, and Africa with histories of anti-Soviet, anti-communist and, in some cases anti-socialist, ideologies and policies.
Khrushchev ThawThe Khrushchev Thaw (хрущёвская о́ттепель or simply ottepel) is the period from the mid-1950s to the mid-1960s when repression and censorship in the Soviet Union were relaxed due to Nikita Khrushchev's policies of de-Stalinization and peaceful coexistence with other nations. The term was coined after Ilya Ehrenburg's 1954 novel The Thaw ("Оттепель"), sensational for its time. The Thaw became possible after the death of Joseph Stalin in 1953.
Soviet rubleThe ruble or rouble (ˈruːbəl; рубль) was the currency of the Soviet Union. It was introduced in 1922 and replaced the Imperial Russian ruble. One ruble was divided into 100 kopecks (копейка, pl. копейки – kopeyka, kopeyki). Soviet banknotes and coins were produced by the Federal State Unitary Enterprise (or Goznak) in Moscow and Leningrad. In addition to regular cash rubles, other types of rubles were also issued, such as several forms of convertible ruble, transferable ruble, clearing ruble, Vneshtorgbank cheque, etc.
Alexei KosyginAlexei Nikolayevich Kosygin (Алексе́й Никола́евич Косы́гин; – 18 December 1980) was a Soviet statesman during the Cold War. He served as the Premier of the Soviet Union from 1964 to 1980 and was one of the most influential Soviet policymakers in the mid-1960s along with General Secretary Leonid Brezhnev. Kosygin was born in the city of Saint Petersburg in 1904 to a Russian working-class family. He was conscripted into the labour army during the Russian Civil War, and after the Red Army's demobilization in 1921, he worked in Siberia as an industrial manager.
Socialist realismSocialist realism is a style of idealized realistic art that was developed in the Soviet Union and was the official style in that country between 1932 and 1988, as well as in other socialist countries after World War II. Socialist realism is characterized by the depiction of communist values, such as the emancipation of the proletariat. Despite its name, the figures in the style are very often highly idealized, especially in sculpture, where it often leans heavily on the conventions of classical sculpture.
Collective farmingCollective farming and communal farming are various types of, "agricultural production in which multiple farmers run their holdings as a joint enterprise". There are two broad types of communal farms: agricultural cooperatives, in which member-owners jointly engage in farming activities as a collective, and state farms, which are owned and directly run by a centralized government. The process by which farmland is aggregated is called collectivization.
Soviet-type economic planningSoviet-type economic planning (STP) is the specific model of centralized planning employed by Marxist–Leninist socialist states modeled on the economy of the Soviet Union (USSR). The post-perestroika analysis of the system of the Soviet economic planning describes it as the administrative-command system due to the de facto priority of highly centralized management over planning.
Market socialismMarket socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving some mix of public, cooperative, and privately owned enterprises. The central idea is that, as in capitalism, businesses compete for profits, however they will be "owned, or at least governed," by those who work in them. Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production.