AP Modern World History Flashcards: Economy in the Interwar Period
Written by AP Content Team, Verified for 2026 AP Exams, Last updated: May 2026
Review key ideas with interactive flashcards. This set includes 10 cards to help you master important concepts.
How did the Soviet government exercise control over its national economy?
The Soviet government controlled the national economy through the Five Year Plans, which often involved implementing repressive policies.
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How did the Soviet government exercise control over its national economy?
The Soviet government controlled the national economy through the Five Year Plans, which often involved implementing repressive policies.
Five Year Plans
The method by which the Soviet Union's government controlled the national economy during the interwar period.
What two major events after 1900 prompted governments to take a more active role in economic life?
World War I and the onset of the Great Depression spurred governments to become more involved in their economies.
What major shift occurred in the role of governments in economic life after World War I and the Great Depression?
Following these crises, governments began to take a more active role in their national economies.
Government economic intervention (post-1900)
The trend where governments, particularly after WWI and during the Great Depression, began to take a more active role in managing economic life.
Provide a specific example of a government taking a more active role in its economy after WWI.
The Soviet Union is a key example, where the government controlled the national economy through its Five Year Plans.
In the Soviet Union, who controlled the national economy during the interwar period?
The government controlled the national economy in the Soviet Union.
What was the general government response to economic crises after 1900?
In response to economic crises, governments began to take a more active role in economic life.
What were the consequences for the population under the Soviet Five Year Plans?
The repressive policies implemented as part of the Five Year Plans had negative repercussions for the population.
What was the relationship between the Soviet government's economic policies and its population's well-being?
The government's repressive economic policies, such as those within the Five Year Plans, resulted in negative repercussions for the population.