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Lies about the Soviet Union and the Cold War some still believe

August 2, 2026 by Andy Monzant

#9: The Soviet Economy Had Major Achievements Despite Problems

The claim that Soviet socialism completely failed overlooks its economic growth during much of the 20th century. From the first Five-Year Plan in 1928, the USSR rapidly industrialized, expanded employment, and built major industries. However, it also faced serious problems, including military spending, shortages, and difficulties competing with advanced capitalist economies.

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Filed Under: Latest Tagged With: cheapism, infiniteScroll

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