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Økonomi[redigér | redigér wikikode]

Under the Soviet system, the centralized economy of the republic banned private ownership of income producing property. Beginning in the late 1920s, privately owned farms in Armenia were collectivized and placed under the directive of the state, although this was often met with active resistance by the peasantry. During the same time (1929–1936), the government also began the process of industrialization in Armenia. By 1935, the gross product of agriculture was 132% of that of 1928 and the gross product of industry was 650% to that of 1928. The economic revolution of the 1930s, however, came at a great cost: it broke up the traditional peasant family and village institution and forced many living in the rural countryside to settle in urban areas. Private enterprise came to a virtual end as it was effectively brought under government control.[1]

References[redigér | redigér wikikode]

  1. ^ Matossian. Impact of Soviet Policies, pp. 99-116.

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