Compare the economic strategies embedded in Lenin's war communism, his New Economic Policy, and Stalin's Five-Year Plan. What were the aims of each program? Which was most effective?

1. The aims of Lenin's war communism, his New Economic Policy-

Was to revive the Russian economy by making a temporary retreat from the complete nationalization of War Communism. The new policy was a mixed economy - combination of private enterprise and state socialism. This is because the people did not believe in War communism. The New Economic Policy created a more market-oriented economic system, "a free market and capitalism, both subject to state control."

Consequently, the mixed economy allowed private individuals to own small enterprises, while the state continued to control banks, foreign trade, and large.

2. The aims of Stalin's Five-Year Plan are:

The five-year plan concentrated on developing heavy industry and collectivizing agriculture, at the cost of a drastic fall in consumer goods.

This plan had two main objectives - the removal of property and attainment of self-reliance. This was planned through the promotion of higher growth rates, better income distribution, and also a significant increase in the domestic rate of saving.

3. The most effective is Lenin's war communism, New Economic Policy.

Explanation:

The most effective is Lenin's war communism, New Economic Policy because that was a paradigm shift from the traditional war communism policy which has contracted the economic prospects of the Union. The New economic policy introduced a mixed economy of socialism and capitalism, which opened up all the frontiers of the economy for bigger prospects while the

Five-year Economic plan of Joseph Stalin was a huge fiasco because it set-out goals that were unrealistic-a 250 percent increase in overall industrial development and a 330 percent expansion in heavy industry alone. Stalin declared the plan a success at the beginning of 1933, noting the creation of several heavy industries where none had existed, and that the plan was fulfilled in four years and three months instead of five years.

Another recorded flaw was about one million kulkaks Stalin forced to deport. Agriculture production was damaged but industrial production did increase causing the First Five-Year Plan to not be a complete failure. This plan was not as successful as planned in the first Five-Year Plan.