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7 Cards in this Set

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Vesenkha
state management institution to run the economy of the RSFSR and later of the Soviet Union. There were two institutions with this name, at different times, the first in 1917.
The two periods of Vesenkha
1917 - 1932

1963–1965
Purpose of Vesenkha
Its purpose was to supervise and control the newly nationalized industries. It had rights of confiscation and expropriation.
When the Soviet Union was created in 1923, Vesenkha became:
the joint all-Union and republican People's Commissariat
In 1932, the People's Commissariat was reorganized into three People's Commissariats:
heavy industry
light industry
forestry
Second period of Vesenkha; who reestablished it?
In 1963-1965 Nikita Khrushchev introduced decentralization of the management of industry by means of sovnarkhozes to combat the centralization and departmentalism of ministries
sovnarkhozes
Regional Economic Council; an organization of the Soviet Union to manage a separate economic region, begun by Nikita Khruschev.