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What did Ulbricht's New Economic System and Economic System of Socialism fail to achieve?
Sustainable growth
Democratic reform
Technological advancement
Foreign investment
Answer
Ulbricht's New Economic System and Economic System of Socialism failed to achieve sustainable growth because they did not address the underlying problems of the East German economy. The systems were based on the idea of central planning, which meant that the government made all of the decisions about what to produce and how to produce it.
From Wall to Walter: The Reign of Walter Ulbricht
More Questions
When did Ulbricht effectively become the leader of East Germany?
How did Walter Ulbricht suppress dissent in East Germany?
How did Ulbricht respond to the mass emigration from East Germany to the west in the 1950s?
What was the outcome of the nationalization of East German industry under Ulbricht?
In what year was Ulbricht served as the East German head of state until his death?
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