Khozraschet
Principle of profitability and accountability in Soviet economic planning
Nº Q2663010 ★★★
Rare · Knowledge
Khozraschet
Principle of profitability and accountability in Soviet economic planning
Khozraschyot (Russian: хозрасчёт, IPA: [ˌxozrɐˈɕːɵt]; short for хозяйственный расчёт khoziaistvennyi raschyot, 'economic accounting') was an attempt to introduce capitalist concepts of profit and profit center into the planned economy of the Soviet Union. Khozraschyot introduced a certain degree of independence of enterprises (which continued to be state-owned and subject to state control) and allowed for self-management and self-financing within the framework of prices set by the Soviet government.
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From Wikipedia
Khozraschyot (Russian: хозрасчёт, IPA: [ˌxozrɐˈɕːɵt]; short for хозяйственный расчёт khoziaistvennyi raschyot, 'economic accounting') was an attempt to introduce capitalist concepts of profit and profit center into the planned economy of the Soviet Union. Khozraschyot introduced a certain degree of independence of enterprises (which continued to be state-owned and subject to state control) and allowed for self-management and self-financing within the framework of prices set by the Soviet government.
Text: Wikipédia, CC BY-SA 4.0. ·
