Section outline

  • THEMATIC FOCUS

    Economics Systems ECN
    As societies develop, they affect and are affected by the ways that they produce, exchange, and consume goods and services.

    LEARNING OBJECTIVE

    Unit 7: Learning Objective D
    Explain how different governments responded to economic crisis after 1900.

    HISTORICAL DEVELOPMENTS

    KC-6.3.I.B
    Following World War I and the onset of the Great Depression, governments began to take a more active role in economic life.

    KC-6.3.I.A.i
    In the Soviet Union, the government controlled the national economy through the Five Year Plans, often implementing repressive policies, with negative repercussions for the population.