GOSPLAN (State Planning Committee)

GOSPLAN was the Soviet Union's central agency responsible for economic planning. Its main task was to create detailed, multi-year plans to coordinate production, distribution, and investment across the entire economy, replacing market forces with government directives. GOSPLAN set production quotas and resource allocations for industries like agriculture, manufacturing, and energy, aiming to achieve the government's economic goals. This centralized planning aimed to ensure rapid industrial growth and self-sufficiency, but often led to inefficiencies and shortages. Overall, GOSPLAN was a key institution in managing and controlling the Soviet economy through top-down planning.