1. Home
  2. / Sergo Ordzhonikidze
  3. / What economic measure did Ordzhonikidze oversee as part of his role in NKTP?

What economic measure did Ordzhonikidze oversee as part of his role in NKTP?

  • Five-year plans for economic development

  • Privatization of industries

  • Inflation control

  • Introduction of a new currency

Answer

Five-year plans, introduced under Ordzhonikidze's leadership in the People's Commissariat of Heavy Industry (NKTP), aimed to rapidly industrialize the Soviet Union. These ambitious plans set specific production targets for various industries, focusing on sectors like metallurgy, machine-building, and energy. By mobilizing resources and coordinating efforts, the five-year plans played a crucial role in transforming the Soviet economy, spurring rapid growth and modernizing the nation's industrial base.
The Rise and Fall of Sergo Ordzhonikidze: A Soviet Political History Quiz

The Rise and Fall of Sergo Ordzhonikidze: A Soviet Political History Quiz

Take the Sergo Ordzhonikidze Quiz
Subscribe newsletter

Subscribe Now!

Learn something
new everyday

Playing quizzes is free! We send 1 quiz every week to your inbox