Don't forget to study for your Chapter 6 Quiz, which is on Monday. In case you missed it, here is the study guide for the upcoming quiz:
Format:
- Matching Section
- Short Answer Section
Topics:
- Key Terms
- Basic Features of the Centrally Planned Economy
- Basic Economic Questions
- Differences between a Market Economy, Mixed Economy, and a Command Economy
- Characteristics of Socialism
- What is communism?
- State farms (sovkhoz) and Collective farms (kolkhoz)
- How the Soviet economy worked
- What was the role of the Communist Party, Gosplan, Ministries, and Directors in the Soviet economy?
These are the key terms that will appear on the quiz:
- capital
- scarcity
- Gosplan
- enterprise
- market economy
- mixed economy
- command economy
- state farms
- collective farms
- producers
- production target
- consumers
- "storming"
- goods
- means of production
- the second economy
- socialism
- communism
- means of production
Here are some upcoming important dates:
- Chapter 6 Quiz, Monday, November 1st
- Soviet Timeline Project is due Thursday, November 4th