The planning system employed by GOSPLAN in the Soviet Union:
Question 12 options:
A)
caused the economy to be dramatically more efficient than in capitalist systems. Once the profit motive was removed the government planners could concentrate on what consumers really wanted.
B)
led to much higher productivity than in capitalist systems. This was due to superior utilization of raw materials in the production process.
C)
led to surpluses of grain that were exported to western countries.
D)
led to stagnating growth due to bureaucratic inefficiency and lack of a proper incentive system.