ABSTRACT

A socialist economy is one in which social appropriation of the means of production has taken place, and one with a planned, centralized economy directed and administered by the government. The characteristic trait of socialist industrialization is the coupling of the economic and political systems, and therefore its sociological aspects are extremely interesting and important. The stage of national industrialization is the period in which industry as a whole requires decisions about changing the structure of productive investment. Industrialization and the simultaneous process of creating a socialist state, however, were extremely powerful factors in changing the composition and nature of traditional social classes and strata. Changes in the class and stratum structure during the period of complementary industrialization increasingly reflect changes in the labor force. The preliminary stage consisted primarily of reaching a state of economic growth allowing the initiation of productive investments on a broad scale.